Property Info
Income
Monthly Expenses
Tick "During vacancy" for costs you still pay even when the property is empty (bond, levies, rates). Leave unticked for costs only incurred while tenanted (commission, cleaning).
Renovation Budget (optional)
After Repair Value
Costs
Holding Costs
Your Target Purchase Price (optional)
Bond Calculator
Cost breakdown
Lenders typically cap your bond repayment at around 30% of your gross (before tax) monthly household income. This estimate divides your monthly repayment by 30% to give a rough guide — your actual qualifying income depends on your credit profile, existing debt, and the bank's own affordability assessment.
Once-off costs cover transfer duty (a government tax on the purchase price), transfer attorney and deeds office fees to register the property in your name, bond registration and attorney fees to register the mortgage bond, and a bank bond initiation fee. These figures are estimates based on standard SARS transfer duty brackets and typical conveyancing fee guidelines — get exact quotes from your attorney and bank before budgeting.
*Disclaimer: Please note that by default this calculator uses an estimated interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. Once-off costs use standard SARS transfer duty brackets and typical conveyancing fee guidelines. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies.