*Please Note: The interest rate displayed here is the current, national, prime interest rate, as set by the South African Reserve Bank. The interest rate offered by your bank when applying for a loan may vary.
Calculator Descriptions
Gross income: Your ‘gross monthly income’ is your total income before tax and deductions.
Net income: Your ‘net monthly income’ is your total income after tax and deductions.
Cost of the house vs monthly repayment amount: The higher the purchase price of your dream property, the more you’ll have to pay towards your bond every month.