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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
|
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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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