@heikoinvests: A R1.5 million home loan doesn’t cost R1.5 million, it costs about R3.6 million over 20 years, and more than two million of that is pure interest. 🏡 On Father’s Day that lands differently, because the bank isn’t charging you money, it’s charging you years in this house. Every extra rand goes straight at the capital, which is why even R500 a month buys back almost two years. Disclaimer: This is education, not financial advice.

Heikoinvests
Heikoinvests
Open In TikTok:
Region: ZA
Sunday 21 June 2026 17:00:57 GMT
65370
1695
30
722

Music

Download

Comments

thatone242
FireyElephant :
ma'am, we're struggling to buy food, there is no extra R500 a month 😭
2026-06-22 06:35:24
85
nahl.blossom
Nahl Blossom :
Me and my husband paid off our bond in less than 10 years, it was the best decision ever, he was the only one working, I am still a stay at home mom with 4kids, this is possible. It comes with lots of sacrifices and patience, but it's worth it at the end.
2026-06-22 13:00:01
32
simplysteel2
SimplySteel :
pay the extra bit 3 days after the debit order goes off. Then it comes off the principle amount
2026-06-23 07:46:35
1
tyronvanwyk42
tyron :
.Do you have to notify the bank you are paying in extra.
2026-06-22 05:18:22
7
abc354987
Abc@ :
Please anyone, does it really reduce your bond term when you pay extra onto your bond?
2026-06-22 13:27:47
0
11miab4
11MiaB :
notifying the bank and paying double cause my parents to struggle with bank that says yes they pay dubble but it doesn’t say so on the bank system.
2026-06-22 11:11:30
2
levoniavouga
vouga :
Hi so my extra R500 still help if its paid the same day?
2026-06-24 07:45:38
0
cr18r18
Cr18c18 :
So rather pay off bond at 9% interest vs currently investing in stocks or etfs?
2026-06-24 03:38:07
0
jamescrux99
james :
oh okay nice so like, just have money 👍
2026-06-22 17:39:55
0
jessewheeler25
Jesse Wheeler :
Ya... Not in Cape Town... 😅 R1.5m just means you'll need an upgrade soon
2026-06-23 19:44:41
0
aishah_abrahams
Aishah_Abrahams :
Do we pay it on the debit order date or after? Or does it not matter?
2026-06-22 18:12:26
1
seabelaw
Seabelo Mhlanga :
pay double the bond per month, thank me later
2026-06-22 15:56:24
3
grantfloris
Grant :
okay send the money
2026-06-22 17:47:37
1
_mrs_ga_
-Mrs-A- :
Hi @Heikoinvests , thanks for this post please kindly share how we call the bank and get the adjustment done please 🙏
2026-06-22 10:20:41
0
amylee094
Amy-Lee Frantz 🌻 :
@Ruwhal27
2026-06-22 11:13:48
0
To see more videos from user @heikoinvests, please go to the Tikwm homepage.

Other Videos


About