Property Near MePlanning tools
Affordability calculator
Explore an illustrative purchase range using your income, expenses, deposit, rate and loan term. The starting interest rate is an example, not a verified current prime rate.
How to use this estimate
This is a guide, not a loan offer or a lender decision. Adjust the rate to your lender’s quote. A bank also considers credit history, existing debt and the property itself. Confirm your borrowing amount with a lender or bond originator before making an offer. The numbers you enter stay in this page and are not submitted.
Your Financial Details
R 50 000
R10kR500k
R 15 000
R0R 45 000
10% — R 153 793
0%50%
11.75%
7%20%
20 years
10yr30yr
Calculator assumptions
- • This illustration caps repayment at 30% of gross income and also considers the expenses you enter.
- • The starting rate, 11.75%, is an editable example, not a current market quote.
- • Deposit and loan-term settings are examples, not lender eligibility requirements.
- • The result excludes transfer costs, insurance, rates and levies.
Maximum Property Price
R 1 537 931
with R 153 793 deposit · R 15 000/mo repayment
Conservative
R 1 230 345
Loan
R 1 107 310
Base estimate
R 1 537 931
Loan
R 1 384 138
Stretch
R 1 768 621
Loan
R 1 591 759
Monthly Breakdown
Gross IncomeR 50 000
Living ExpensesR 15 000
Bond RepaymentR 15 000
RemainingR 20 000