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Bank Initiation Fee (Once Off Payment)

ABSA
  Ordinary Loan base fee of R950.00 + 0.35 % of loan with maximum of R5 200.00

  Building Loan Flat Fee R5 200.00

Standard Bank
  Ordinary Loan Base Fee of R1 000.00 + (0,6% of loan value) with a maximum of R5 700.00

  Building Loans Flat Fee of R5 700.00

First National Bank
 Ordinary Loan Flat Fee of R4 560.00

  Building Loan Flat fee of R4 959.00

Nedbank
  Ordinary Loan Base Fee of R1 000,00 + (0,50% of loan amount + vat) with a maximum of R5 700.00

  Building Loans Flat Fee of R5 700.00

  MONTHLY ADMIN FEES
This fee applies to the Home Owners Comprehensive Insurance / Property Insurance (hereafter referred to as HOC) and covers the Brick and Mortar. As the client you may select the HOC policy proposed by the bank or you may elect to waive this and substitute it with a policy of your choice in place thereof
.

 

ABSA Standard Bank First National Bank Nedbank
Absa HOC R28,50 inclusive of vat

Own HOC R46,60 inclusive of vat

Std bank HOC R42,00 inclusive of vat

Other HOC R57,00 inclusive of vat

Fnb and Other HOC R39,90 inclusive of vat Nedbank HOC R39,90 inclusive of vat

Other HOC
  R57,00 inclusive
 

 

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