That is correct, however your statements and App will not reflect the term reduction as the bank approved a facility for you over a fixed term (20 years) and if you do not default, the facility remains available for the full remaining term, although you will settle sooner and then still have the...
When a lump sum payment is made, you have 2 choices:
Phone FNB and request rescheduling of the lump sum or part thereof, to reduce monthly repayment, however available funds will no longer reflect available and a Credit application (subject to affordability and rate review) is required to...
I can say FNB HL is working on this as well, not just ebucks.
My bug reported with the new allocation : What is an active bond ? Does it mean a valid debit order goes off (or must one prepay your flexi), this is related to the # of bonds (as they got my allocation for the rule totally wrong)...
Ok, quickly read up, for fusion, free delivery
For Premier and PC :
Card and cheque book delivery fee Standard delivery (delivery between 8am-5pm) => Free
Scheduled delivery (specified date and timeslot) => R110
FNB Branch delivery => Free