Pay lump sums and 4 more ways to get rid of your bond quicker

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How to pay off your bond sooner. Image: Getty Images
How to pay off your bond sooner. Image: Getty Images

For homeowners, paying off your bond can be seen as a daunting task, especially in South Africa's unstable economy.

What makes matters worse, the country's interest rate has reached an all-time high of 8.25 percent, the highest it's been since 2009 according to Reuters, following an address from central bank governor Lesetja Kganyago on 25 May 2023. 

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