Bond registration costsR 0
Bank initiation feeR 0
Deeds office levyR 0
Postage and pettiesR 0
Bond registration cost total:R 0
Property transfer costs R 0
Deeds office levyR 0
Transfer dutyR 0
Postage and pettiesR 0
Property transfer cost total:R 0
Total Bond and Transfer Costs: R 0
*How calculated: South African banks will allow you to qualify for a home loan repayment of up to 30% of your joint, gross, monthly income (your total joint income before tax and expenses have been deducted). This ensures they comply with the National Credit Act of South Africa. The next item that banks will look at is your net monthly income minus your total monthly expenses. The affordability calculator will find out what your estimated home loan amount will be. Please note we set the default interest rate to the current prime lending rate. The actual interest rate you get from the bank will be based on your credit profile so it could be either higher or lower than the prime lending rate.
*Disclaimer: Please note we use the current interest rate as the default. This calculator is meant to provide estimates based on the indicated amounts, rates and fees. We have made every effort to ensure the accuracy of these calculations, however, we cannot be held liable for inaccuracies. We do not accept liability for any damages arising from the use of this calculator.