This interest rate is for demonstration purposes only.
It is not a reflection of the actual rate you will receive on your loan.
Gross Monthly Income is computed by adding your Basic Salary to 70% of your other average monthly income earned over the last 12 months
Monthly Credit Commitments SCR Interest rate % Repayment Period (years) 25 Payment Term (years)Valuation Fees (aprox):
Disclaimer: The instalment amount shown is based on the loan product and term selected by you and is provided for illustration purposes only. Absa does not guarantee approval of any loan product or warrants in any way that the illustration and calculation is accurate or complete. Absa will not be liable in any way or form for reliance on or use of this calculator. The monthly instalment shown includes interest, initiation fees, service fees and credit life insurance (calculated as a portion of the principal debt at inception).