Posted by: Thandi JHB | 2016/08/06 09:47
My husband and I ,We are planning to buy a house however we have this loan that is taking out lot of cash we want to pay it off as soon as possible because we still have to save up for house insurances.
Posted by: Gerald Mwandiambira | 2016/08/31 17:43
If you have this loan, you are paying a shocking 60% interest per year. This is a very expensive debt! If you pay the extra R2,000 you can pay it off 36 months earlier (3 Years). This is not a bad idea at all.
I suggest you seek further advise and I can assist on www.askgerald.co.za
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