Bond Refinancing Calculators
Refinancing your bond — whether switching lenders, making a lump sum payment, or using an access bond — can save thousands in interest. These calculators help you work out whether refinancing makes financial sense for your situation.
Bond Switch Calculator
Calculate the cost and savings of switching your bond to a new lender for a better rate
Settlement Amount Calculator
Calculate your current bond settlement figure including 90-day notice costs
Access Bond Calculator
See how much you can redraw and the real cost of an access bond facility
Bond Restructure Calculator
Model the effect of extending your bond term to lower monthly payments
Lump Sum Payment Calculator
See how a once-off lump sum reduces your bond term and total interest
Refinancing Your South African Bond
Refinancing makes sense when you can secure a significantly better interest rate, when your credit profile has improved since you took the bond, or when you want to access equity built up in your property. The switching cost — typically R8,000–R15,000 in new bond registration fees — must be weighed against the monthly savings from a lower rate.
Under the National Credit Act, South African homeowners can settle their bond at any time without early settlement penalties. The only catch is the 90-day notice requirement — give notice early to avoid being charged interest in lieu of notice.