Comments on: Finding the best Home Loan for first-time buyers http://propertyloans.co.za/169/finding-the-best-home-loan-for-first-time-buyers/ the lowest Home Loan interest rates & best bond deal Tue, 07 Feb 2012 23:52:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Marcel http://propertyloans.co.za/169/finding-the-best-home-loan-for-first-time-buyers/comment-page-1/#comment-22756 Marcel Mon, 07 May 2007 10:17:46 +0000 http://www.propertyloans.co.za/169/finding-the-best-home-loan-for-first-time-buyers/#comment-22756 Hi there , I have just purchased a property under 500 000, and am required to pay Reg fees as well as the transfer costs. To my knowledge am i still eligible for the transfer costs or has this not been wiped away for homes under 500 000 Hi there , I have just purchased a property under 500 000, and am required to pay Reg fees as well as the transfer costs. To my knowledge am i still eligible for the transfer costs or has this not been wiped away for homes under 500 000

]]> By: Gino S http://propertyloans.co.za/169/finding-the-best-home-loan-for-first-time-buyers/comment-page-1/#comment-117530 Gino S Sun, 25 Mar 2007 08:50:20 +0000 http://www.propertyloans.co.za/169/finding-the-best-home-loan-for-first-time-buyers/#comment-117530 Hi Jason, As you can imagine, the interest charged on a home loan plays a large part in how much you'll end up saving / paying for you new home. The interest rate you'll be offered is based on the risk the bank is taking in granting you the mortgage. The lower the risk (the more like you are to pay off the bond) the better you interest rate will be. The higher the risk, the higher the rate. If you apply for a 30-year you'll most likely get a higher interest rate but there are other benefits to this. For a more detailed explanation <strong><a href="http://www.propertyloans.co.za/242/this-mortgage-tip-is-worth-more-than-r100k-to-you/" rel="nofollow">read this article</a></strong>. Or <a href="http://www.propertyloans.co.za/mortgagesa.html" rel="nofollow">complete this online form</a> and one of our bond consultants will contact you. Hi Jason,

As you can imagine, the interest charged on a home loan plays a large part in how much you’ll end up saving / paying for you new home.

The interest rate you’ll be offered is based on the risk the bank is taking in granting you the mortgage. The lower the risk (the more like you are to pay off the bond) the better you interest rate will be. The higher the risk, the higher the rate.

If you apply for a 30-year you’ll most likely get a higher interest rate but there are other benefits to this.

For a more detailed explanation read this article.
Or complete this online form and one of our bond consultants will contact you.

]]> By: JBagley http://propertyloans.co.za/169/finding-the-best-home-loan-for-first-time-buyers/comment-page-1/#comment-12756 JBagley Sat, 24 Mar 2007 07:10:23 +0000 http://www.propertyloans.co.za/169/finding-the-best-home-loan-for-first-time-buyers/#comment-12756 Great research. Just a couple of questions if you don't mind answering... Is it possible to take out a 30 year loan, but not at 108% of the bond? Also wouldn't it be better to take out a 30 year homeloan but repay the loan based on what a 20 year loan would cost? Wouldn't you save more? I'm going to be a first time home buyer soon, and would like to find out a little more about homeloans etc. Thanks. Great research. Just a couple of questions if you don’t mind answering…

Is it possible to take out a 30 year loan, but not at 108% of the bond? Also wouldn’t it be better to take out a 30 year homeloan but repay the loan based on what a 20 year loan would cost? Wouldn’t you save more?

I’m going to be a first time home buyer soon, and would like to find out a little more about homeloans etc.
Thanks.

]]>