Bondadvisor


Contact Bondadvisor
T: 0861 1023 36
F: +27(0)21 702 0066
W: www.bondadvisor.co.za
Download Application Form

Debt Consolidation

Step 1 - Calculate total outstanding debt

 
    Amount outstanding   Interest rate   Term (years)   Interest to be Paid
 
Outstanding credit card 1 R   % R
Outstanding credit card 2 R   % R
Outstanding retail account 1 R   % R
Outstanding retail account 2 R   % R
Outstanding vehicle finance 1 R   % R
Outstanding vehicle finance 2 R   % R
Other 1 R   % R
Other 2 R   % R
 
Total Cost of Debt (Interest) R            
Total amount of debt (Captial) R              
Avg Cost of Debt per Month (Interest) R              
Avg Cost of Debt per Year (Interest) R              
Combined Monthly Instalments
(Capital + Interest)
R              
 
 
Step 2 - Calculate cost of debt consolidation via home loan
 
New Bond Amount     R    
Total Estimated cost to register this bond R        
Term of loan in years          
Interest Rate       %   
Minimum Monthly payment R        
Extra monthly payment to reduce interest R        
Total Interest Paid R        
 
 
Step 3 - Results
 
Total once off cost to consolidate(bond reg. costs) R    
You will have saved this amount in interest R    
You will have paid this amount in extra interest     R

Bondadvisor cannot be held responsible for these estimations in any manner whatsoever.