#### Werner Hurter

##### Member

- Joined
- Oct 2, 2015

- Messages
- 10

Absa Home Loan Calculator

Price of house: R 1 000 000

Deposit: R 100 000

Interest rate: 10 %

Period: 10 Years

Monthly bond repayment: R11 893

Total Repayment: R1 427 227

Total interest paid: R 427 227

Bankrate Mortgage Calculator @ 1$/ R14.87

Price of house: ($67 250) R 1 000 000

Deposit: ($6725) R 100 000

Interest rate: 4.9 %

Period: 10 Years

Monthly bond repayment: ($639) R9502

Total Repayment: ($76 680.86) R1 140 244

Total interest paid: ($16 155.86) R 240 238