Bond repayment calculator

See your monthly repayment and the gross income the banks usually look for.

Enter your loan amount, interest rate and loan term. The calculator shows your monthly repayment, your repayment with the R69 bank service fee, the minimum combined gross income, and the total repaid over the term.

Reading your numbers

• Build in a buffer: your rate can move with prime after you sign. Working on a higher rate than prime shows whether you could still afford the bond if it does.
• Your gross income: banks generally want your repayment to be no more than 30% of your gross monthly income. On a joint application, that's everyone's income combined.
• Your term: the longest term is 30 years, and a bond must be paid up by age 75. A longer term lowers your repayment, but you pay more interest overall.

More tools for your property journey

• Pre-approval: see what you can afford with our streamlined, online pre-approval.
• Attorney fee calculator: see what your transfer and bond registration could cost, including transfer duty.

Ready to find out what you can afford?

Start with a free pre-approval, or talk to one of our bond originators first. Call +27 21 007 0800 or email info@bondeed.co.za.