Bond Affordability

Get the lowest interest rate, speak to our originators. Please Note: The interest rate displayed here is the current, national, prime interest rate, as set by the South African Reserve Bank.

Bond Affordability Calculator FAQs

What is my gross income?

Your gross monthly income is your total income before tax and deductions.

What is my net income?

Your net monthly income is your total income after tax and deductions.

How is the home loan amount calculated?

Your repayment cannot be more than 30% of your gross monthly income and cannot exceed your net surplus income.

How accurate is the bond calculator?

The bond calculator is a guideline. It does not include a credit check or full affordability assessment which the bank will require. Bond Originators recommends that you get pre-approved before you start house hunting.

Why you should get pre-approved

Bond Originators' pre-approval allows you to check your credit score and assess how much you can afford.

• Shop with confidence: Knowing your credit score allows you to address any issues before applying for a home loan.
• Know how much you can afford: Bond Originators considers your financial information in the same way a bank would, to give you an accurate assessment of what you can afford.
• Get the competitive advantage: Sellers are more likely to accept an offer from someone who has proof that they can afford to buy.
• Sign a sale agreement with peace of mind: Pre-approval protects you from putting in an offer on a property you can't afford. Why risk disappointment?