How does the reduction in loan term decrease the amout of the loan you are suppost to pay? Does the interest of the loan fixed/variable according to the interest rate?
Hi just a question on the flisp, I'm single and have a brother that is older than me who is not working. Will they accept him as my dependent? In one of your previous videos you mentioned that the sibling must be mentally ill or disabled and my brother is not but his not working.
Hi Nicolette. Can you also tackle the timing of the extra payments and how we can tackle the principle amount best way possible
I've done that exercise mathematically. In my opinion, it makes little difference.
@@teem5945 I also did. It really doesn’t make a difference
Thank you for this. Lets say your bond repayment date is the 1st. When can you pay that extra amount?
Plenty knowledge gained here🙌🏾, thank you so much! I'm here for it👌🏽🔥😌
"wealthy people know how to use debt to become wealthier" 🧠
Awesome useful video.
Let's push those Loans..
Very helpful thanks 🙏
GREAT STUFF MADAMME-I LOVE IT :)
Thank you sis, your comment is always eye opening and account rewarding 🥳...Please note you kept on making an error by referring to years as months.
Possible cause I speak so fast
Love how this educational video medges advertising.
Thank you.. I am doing this bond installments smarter 👏🏽👏🏽
U are very good and frienly like u advise
Thank you 🙏 this really helps
Thank you this is informative.
How does the reduction in loan term decrease the amout of the loan you are suppost to pay?
Does the interest of the loan fixed/variable according to the interest rate?
Thank you sis for the info- it's super useful.
Thank you for this. Does it help if you split the amount you pay extra? Example:- split 1000 into 2 and pay 500 weekly.
No the earlier in the billing cycle you pay it the better
Hi Nicolette I paid an extra 45 k now sitting in my flexi save. Now I am not sure if I want to reduce the installment or the term
i also have that problem the money is sitting on Flexi save m at 63K now , i dont know whether its reducing the term or not
Can I get a link to the extra payment calculator please?
www.ooba.co.za/home-loan/extra-bond-payments-calculator/
@@FinancialBunny thank you.💚💚
Notification gang 🌷💯
Hi. Which calculator app are you using?
💯
Hi just a question on the flisp, I'm single and have a brother that is older than me who is not working. Will they accept him as my dependent?
In one of your previous videos you mentioned that the sibling must be mentally ill or disabled and my brother is not but his not working.
The extra money I pay stays under available amount 😥
Because it’s in the access account. Hence discipline comes into play