Buy your dream home with an Absa Mortgage Loan
Move into your dream home, hassle-free, with the support of Absa’s mortgage loan.
- Borrow up to SCR5 million, based on your affordability
- Finance up to 80% of the property value
- Flexible repayment terms of up to 30 years or up to retirement age
- Benefit from a first line charge over your property for the loan period
- Enjoy added security with mortgage protection and householder’s insurance from local providers
*Requests for deviations will be considered on a case-by-case basis.
Build your future with our ESG Home Loan
Design and build your home your way, with sustainability in mind
- Get up to 100% financing, incorporating green technology and energy-efficient solutions (subject to land value and affordability)
- Start with a fixed rate as low as 4.75% for the first year. A variable rate prevailing rate is applicable from year 2
- Flexible repayment terms of up to 30 years or up to retirement age
- Protection and peace of mind with mortgage protection and householder’s insurance from local insurance providers
Unlock the value of your home with an equity release loan
Tap into your property’s financial value to meet your needs—be it renovations, emergencies, or new projects.
- Access up to 75% of your property’s value
- Flexible repayment terms of up to 30 years or up to retirement age
- Funds can be used for emergencies, motor vehicles, renovations, or other projects
- Secure your loan with a first line charge over your property
- Added peace of mind with mortgage protection and householder’s insurance from local insurance providers
Remortgage your home with Absa
Already have a mortgage? Switch to Absa for competitive rates and flexible terms that work for you.
- Enjoy a fixed rate as low as 4.75% for the first year, transitioning to a variable rate afterwards
- No deposit required—just a seamless transfer process
- Flexible repayment terms of up to 30 years or up ro retirement age
- Secure your mortgage with a first line charge over your property
- Comprehensive coverage with mortgage protection and householder’s insurance from local insurance providers
Use our home loan calculator below to determine your repayment and affordability
It is not a reflection of the actual rate you will receive on your loan.
Gross Monthly Income is computed by adding your Basic Salary to 70% of your other average monthly income earned over the last 12 months
Your monthly mortgage repayment will be:
You can afford a home loan of:
Facility Fee:
Valuation Fees (aprox):
Disclaimer: The instalment amount shown is based on the loan product and term selected by you and is provided for illustration purposes only. Absa does not guarantee approval of any loan product or warrants in any way that the illustration and calculation is accurate or complete. Absa will not be liable in any way or form for reliance on or use of this calculator. The monthly instalment shown includes interest, initiation fees, service fees and credit life insurance (calculated as a portion of the principal debt at inception).
