This was so informative, thank you so much. I'm also not a fan of car finance. Opted to purchase a small little car cash and this is the best decision I made.
Thanks for this video, i finally get this...a bond originator tried to explain it to me over the phone, and i just couldn't comprehend it...you guys made it much easier to understand, in layman's terms
Thank you for the info shared. Can you please share the link to Maya’s article? Furthermore, when is the best time in the month to pay the extra funds into my home loan?
Hi, am listening to this information - I have question that the access money you withdraw is not free, you still have to payoff the credit you withdraw and am sure there is interest on the credit you withdraw. Are you not just back to square one with debt.
Thank for this episode. Really eye opening. If I pay extra on my car, but never ask the bank to put that money towards the debt...at the end of the term what happens to the amount I've been paying extra? Can I just withdraw it or transfer it to my other accounts.
This is a bit complicated cause i have been scratching my head about this issue over the past 8 years 😢 but shortening the period increases interest or capital adjustment still do the same 😩 i have given up on this topic
What is the benefit of settling it and still keeping the original installments going? So in 20 years they dont deduct anymore..what happens to your prepayment amount and whats the benefit of keeping the installmets the same during the xourse of the loan.??
I would like to know if all bonded houses come with an access bond or it depends on your bond T & C's? I am asking because I think I can use the access bond as my emergency savings fund knowing already that I pay extra every month but should I need the cash, I just access it from my access bond!
Am abit confused, can someone please help? Does the extra amount goes to the principal amount or how will you specify the instruction to give the bank? Thank you.
Apparently it depends on the type of account. You need to check with your bank for more information. If you want to reduce the debt, let them know. Same if you would like to reduce your monthly installment.
Very I formative all the way. Great work deserves appreciation and recognition. I heard Mmapalo referring to article. Please share the link of the article. I would love to read it🎉
This was so informative, thank you so much.
I'm also not a fan of car finance. Opted to purchase a small little car cash and this is the best decision I made.
Insightful❤. That little extra goes a long way. I like the saving on interest part on the vehicle finance😊
Thanks for this video, i finally get this...a bond originator tried to explain it to me over the phone, and i just couldn't comprehend it...you guys made it much easier to understand, in layman's terms
Thanks Ashley ✨ glad it makes sense now ♥️
This was absolutely perfect, thank for breaking it down as you did. Truly eye opening
Only discovering this today and wow! Thank you
Thank you for the info shared. Can you please share the link to Maya’s article? Furthermore, when is the best time in the month to pay the extra funds into my home loan?
Is this automatic with all bonds? I understand the HELOC system in the US, is this the same?
Hi, am listening to this information - I have question that the access money you withdraw is not free, you still have to payoff the credit you withdraw and am sure there is interest on the credit you withdraw. Are you not just back to square one with debt.
What happens if save more money in that access bond then what u oue for your bond?
Hello there, may you please send the link for the article that she wrote. I would like to read it and benefit from the content. Thank you.
Thank for this episode. Really eye opening.
If I pay extra on my car, but never ask the bank to put that money towards the debt...at the end of the term what happens to the amount I've been paying extra? Can I just withdraw it or transfer it to my other accounts.
This is a bit complicated cause i have been scratching my head about this issue over the past 8 years 😢 but shortening the period increases interest or capital adjustment still do the same 😩 i have given up on this topic
What is the benefit of settling it and still keeping the original installments going? So in 20 years they dont deduct anymore..what happens to your prepayment amount and whats the benefit of keeping the installmets the same during the xourse of the loan.??
Excellent interview with straight explanations.
Mapalo this is so informative thank you
Hi ladies, question: do you earn interest on the 'prepaid funds'? The R200 000 you've contributed to the loan as per the example.
This was very informative. Thank you so much
thank you ladies!!!!!
This is so informative. Would you please link the Article in the description box.
Where can we find the article?
you can go to my website www.womanandfinance.co.za/blog or go to Maya's website www.mayaonmoney.co.za
Great explanation ladies love ❤
Great info thanks
i need to get a house ,this info was usefull ,wish me luck in this economy 🙆🏾♂️
I would like to know if all bonded houses come with an access bond or it depends on your bond T & C's?
I am asking because I think I can use the access bond as my emergency savings fund knowing already that I pay extra every month but should I need the cash, I just access it from my access bond!
Hi hope u are doing well.. Where can I get the article she wrote
Thnx Delano
Awesome channel 👏 thank you
Am abit confused, can someone please help?
Does the extra amount goes to the principal amount or how will you specify the instruction to give the bank?
Thank you.
Apparently it depends on the type of account. You need to check with your bank for more information. If you want to reduce the debt, let them know. Same if you would like to reduce your monthly installment.
Informative, thank you so much.
I believe the the host left happy, nu if .........and I would have likrd more. happy with th information
No.
People need to watch this, we'll explained !
Very I formative all the way. Great work deserves appreciation and recognition. I heard Mmapalo referring to article. Please share the link of the article. I would love to read it🎉