Property finance
Home Loans
Plan qualifying property purchases, renovations and home-related finance needs.
Product overview
Standard applications from R10,000 to R500,000.
LENDTEL presents this product at a fixed annual interest rate of 6%. The approved amount and repayment period depend on identity, income, affordability, supporting documents and final approval.
Common uses
- Qualifying property purchase
- Home improvement and renovation
- Selected construction costs
- Property-related settlement expenses
- Approved refinancing purposes
Need more than R500,000? Selected special requests up to R2,000,000 may be considered. Contact LENDTEL for enhanced requirements.
Common application requirements
- Identification and proof of residence
- Proof of income and employment
- Latest bank statements
- Property quotation or offer documents
- Additional property or valuation documents
Additional documents may be requested based on the selected product and application circumstances.
Representative repayment illustration
| Loan amount | R500,000 |
| Interest rate | 6% per annum |
| Repayment period | 120 months |
| Estimated monthly instalment | R5,551.03 |
| Estimated total repayment | R666,123.01 |
| Estimated total interest | R166,123.01 |
Reducing-balance illustration based on the displayed loan amount, 6% annual interest rate and selected repayment period. It is an estimate and not a quotation or approval.
Important conditions: Same-day processing applies to complete applications. Same-day payout is available only after approval, signed agreements, successful verification and completion before applicable banking cut-off times. Neither approval nor payout is guaranteed.