Home Refinancing with CompareGuru
How does it Work
When you refinance, you secure a new mortgage for your property based upon its current value, not the original value you purchased your home for.
How Do I Apply?
You need to have owned your home for anything between one to three years. Having a perfect credit history also doesn’t hurt and can result in the conversion of a variable loan rate to a fixed one in order to obtain a lower interest rate. Most people will decide to refinance when they have equity.
What Are The Benefits?
- Better interest rate
- Consolidate debts
- Reduce monthly repayment amount
- Reduce/alter risk (variable to fixed loan)
- Free up cash
What Is Equity
Equity is the difference in value between what you owe on an asset and the value of that asset. It is, ultimately, a line of credit extended by a lender at a certain interest rate.
CompareGuru saved me from contacting multiple home insurance companies individually by streamlining the process.
Useful service, I found a great plan in no time.
The site was really helpful, and convenient. Thank You
More About CompareGuru
You can instantly set your mind at ease with our fantastic comparative insurance quotes. Our independent and transparent side-by-side comparisons will show you the best insurance quotes available in South Africa. Whether you need car insurance, warranty insurance, or home insurance, CompareGuru will be able to find you the best value for money. We also offer fantastic options for funeral insurance, medical insurance, hospital insurance, life insurance and legal insurance.
Our online insurance quotes are comprehensive in detail and each quote is specific to your personal circumstances. We bring you great insurance quotes for car, home, and building insurance from leading insurers such as ABSA, Auto General, and Santam. Receive the latest New National, Vir Seker, and 1st For Women quotes so you can find the best insurance quote. We also compare insurance quotes from Oakhurst and Unity insurers.
We will capture your personal information and redirect you to our trusted licensed authorised financial services providers who will guide you through the quote process. CompareGuru makes obtaining insurance much easier with quick comparisons of quotes from leading insurance companies. We strive to compile and compare the most affordable and comprehensive insurance options to give you value for your money. Each quote is tailored to your needs, your budget, and your personal circumstances.
Life insurance and medical insurance are essential to maintaining the welfare of your family. Life insurance offers financial relief to your family in the event of your death. Medical cover will ensure you have the financial support for daily medical expenses. Funeral insurance puts your family at ease with a lump sum pay out to cover funeral expenses in the event of your death. Home insurance brings a peace of mind to know your family’s home is safe and covered. You can now defend yourself with qualified and expert lawyers with affordable Legal insurance. A comprehensive hospital plan will help your family financially when they are hospitalised.
You can save the structure of your home without the financial burden with comprehensive Building insurance. Avoid paying for the fender bender when you buy comprehensive Car insurance. The only thing that should be on your mind while travelling is the wondrous adventure that awaits you, that is why you should allow CompareGuru to remove the hassle and stress from finding travel insurance.