Calculators

Bond repayment calculator

Work out the monthly repayment on a South African home loan, the transfer duty payable, and the income a bank would typically want to see.

Using a default rate — confirm the current prime rate with your bank.

Monthly repayment

R 13 935 pm

on a loan of R 1 350 000 over 20 years at 11%

Total interest over the term
R 1 994 290
Total repaid
R 3 344 290
Transfer duty
R 0
Gross monthly income typically required
R 46 448

Indicative only. These figures exclude bond registration and transfer attorney fees, initiation and monthly service charges, and rates or levies. Transfer duty follows the SARS table currently on file and changes with each Budget. Your bank's offer will be based on its own credit assessment and may differ materially. Nothing here is a quote or an offer of credit.

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