• 1
    Eligiblity Assessment
  • 2
    Financial Qualification
  • 3
    Collect Details
  • 4
    Submit Application

Switch Loan Application

The calculator on this application form is used when you are considering moving your existing home loan from another financial institution to SA Home Loans. The calculator advises what your repayments would be with SA Home Loans should you access available equity in your property (Cash Out) when switching over your home loan.

Some hints around using this application form and calculator:

  • Gross household income refers to the income from each applicant on the home loan, added together.
  • Cash Out refers to a cash value you would like to access from the equity available in your property. Equity available is the difference in the value of the property and the amount owing on the property.
  • It is important to decide, before using the calculator, who is going to be an applicant on the home loan and to have their information, such as income, on hand.
    • If you are married in community of property, both spouses must be applicants on the home loan.
    • If you are married by traditional rites, then the law considers you married in community of property and both spouses will have to be applicants on the home loan. Should you wish to have only one spouse as an applicant on the loan, where marriage is by traditional rites, then the spouse who does not wish to be an applicant must give a letter of consent.
  • If you need the income of your partner/spouse or a family member living with you to make the loan affordable, then they must also be an applicant on the loan.
  • You cannot use someone‚Äôs income to show that you can afford the loan repayment if that person is not going to be an applicant on the home loan application.

How many applicants do you want to apply with?

please answer all questions to begin your application

tell us about your loan requirements

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Qualification result

Home Loan Amount
Outstanding Loan Amount
Cash Out
Interim Interest
Registration Fee
Initiation Fee
Cancellation Fee
Interest Rate
Loan Term
Loan to Value
Payment to Income
Monthly Costs
Loan Repayment
Service Fee
Total
Once-off Fees
Bond Registration Fee
SAHL Initiation Fee
Cancellation Fee
Total
  Current Pricing: Potential Discounts:
Home Loan Amount
Outstanding Loan Amount
Cash Out
Interest Rate
Bond Registration Fee
SAHL Initiation Fee
Cancellation Fee
Loan Term
Monthly Costs
Loan Repayment
Service Fee
Total
Once-off Fees
Bond Registration Fees
SAHL Initiation Fee
Cancellation Fee
Total Once-off Fee
Total Interest Paid Over Term
In order to qualify for this discount you need to:
You qualify for additional discounts, click here to

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application summary

Loan Requirements

Loan Amount
Loan Term
Click the submit button below when you are ready to submit your application.

Applicants

You have applied for the following:

Home Loan Amount
Outstanding Loan Amount
Cash Out
Registration Fee
Initiation Fee
Cancellation Fee
Interest Rate
Loan Term
Monthly Costs
Loan Repayment
Service Fee
Total

You will be liable for the following additional costs:

Initial Costs
Registration Fee
Initiation Fee
Total