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From category archives: Phoenix Bonds News Blog

First-time Home Buyer

Why Your Home Loan Bond Is Registered for More Than Your Loan Amount

Confused why your bond is registered for more than your home loan amount? Learn in simple terms what the “additional amount” on a registered bond means, why banks do it, and why you don’t pay for it.

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What South African Banks Must Tell You in a Home Loan Quotation

Home loan quotations in South Africa must disclose more than just the interest rate. Learn what banks are legally required to communicate - from fees and insurance to the total cost of credit - under the National Credit Act.

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Buying vs. Renting: Why Owning Property Builds Your Wealth

Thinking about buying instead of renting? Discover why homeownership in South Africa is a powerful wealth-building tool, why rent is “dead money,” and the long-term benefits of investing in property.

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South Africa’s 105% Mortgages: Why They’re Unique

South Africa’s 105% home loans are unique in the global market. Discover when they started, why they exist, and what they mean for first-time buyers. Learn the pros, cons, and what makes them rare worldwide.

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How Long Does It Take to Get Your Home Loan Balance Down?

Discover how amortisation works on your home loan, why early repayments matter, and how long it takes to reduce your balance from 105% to 100%. Real examples at 10% and 11% interest rates.

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Why Your Bank Is Rigid, But Your Mortgage Broker Doesn’t Have to Be

Banks only offer one product and follow rigid lending rules. A mortgage broker, like Phoenix Bonds, can compare multiple banks, negotiate better rates, and tailor your application for flexibility.

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First Home Finance (FLISP): What Every First-Time Buyer Should Know

First Home Finance (formerly FLISP) helps South African first-time buyers. Learn who qualifies, how it works, restrictions on the title deed, and why timelines for approval and payout can take months.

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Why Most Prequalification Certificates Are Useless - And How To Get One That Matters

Not all prequalification certificates are equal. Learn why most are useless, how banks calculate affordability using Debt Service Ratio and assets, and how Phoenix Bonds gives you a strategy, not just a number.

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The Biggest Missed Opportunity in Home Loans: Future Rental Income

Future rental income is one of the most overlooked factors in home loan applications. Learn how South African banks assess it, why it must be a full property, and how Phoenix Bonds uses it to boost affordability.

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The Hidden Fees of Home Loans: Where Banks Really Make Their Money

Think your home loan savings come from a lower interest rate? Think again. Banks cash in on hidden fees and overpriced building insurance. Phoenix Bonds shows you how to cut costs.

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