Money Allocator
Type in how much of your spare cash goes to the bond, investments, education and holidays. See the impact over time.
Monthly surplus
R 31 451
Extra to bond
R 0
0%
To investments
R 0
0%
Child education
R 0
0%
Holiday fund
R 0
0%
Allocation
Current cash flow R 31 451/mo.
0% of surplus.
0% of surplus.
0% of surplus.
0% of surplus.
AllocatedR 0 (0%)
Cash buffer / savingsR 31 451
Bond paid off
No change
Interest saved: R 0
Investments in 10y
R 0
At 10% p.a.
Education @ age 18
R 0
16y at 8% p.a.
Holiday fund / year
R 0
At R 0/mo
Growth over 10 years
Plain-English summary
Putting R 0/month extra on your bond (balance R 1 540 000 at 11.75%) pays it off — sooner and saves R 0 in interest. Normal instalment: R 16 689/mo.
Investing R 0/month at 10% grows to R 0 in 10 years.
Saving R 0/month for your child (age 2) grows to R 0 by age 18 (16 years) at 8%.
Holiday savings of R 0/month build to R 0 per year at 6%.
Combined estimated net-worth gain over 10 years: R 0.