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@bradleycox We only got this because our term was 20 years. If we wanted 30 year term they would have dropped the percentage I suspect. It also depends on your credit score, and how much of a bond you are requesting, and how much of a deposit you are putting down.

@bradleycox We got prime -1.42% Standard Bank gave us an extra - 0.33% off just because I opened a bank account with them. The best I heard of from my bond originator was prime —2.5%

@yhwhismysalvation A lump sum of capital can be hard to come by, I would save the money from the sale of the Toyota in a tax free investment account that makes decent interest. And then pay off the Suzuki and your credit card with the money you save monthly on the Toyota. That way in a year or...

@ann58 We have been looking into this too. And the best option we found is for your parent to give you a loan of 500K, and for you to pay it back at a very very slow rate. Personally, I plan to put it into property, as the asset value keeps up very well with inflation, and you can also rent it...