Banking Home Financing Features Quiz
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Questions and Answers

What is the average loan limit size for Discovery Bank Home Loans?

  • R1 million
  • R63,000
  • R1.7 million (correct)
  • R47,000

    • How long is the average pay off period for existing home loans according to the text?

  • 16 years
  • 4 years
  • 12 years
  • 10+ years (correct)

    • What percentage of clients are currently overpriced on their existing home loans?

  • 30%
  • 25%
  • 2%
  • 35% (correct)

    • What is the total limit for secured loans in the Discovery Bank lending suite?

    <p>R14 billion</p> Signup and view all the answers

    What is the average balance held by Discovery Bank clients with other financial providers?

    <p>R1.3 million</p> Signup and view all the answers

    What is the average client age at origination for a Discovery Bank Home Loan?

    <p>35.8 years</p> Signup and view all the answers

    How much have existing Discovery Bank clients hold in home loan balances with other providers?

    <p>&gt;R270 billion</p> Signup and view all the answers

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