MONTHLY REPAYMENT
Please Note: The interest rate displayed here is the current, national, prime interest rate, as set by the South African Reserve Bank. The interest rate offered by your bank when applying for a loan may vary.
Monthly Repayment Calculator
MONTHLY REPAYMENT FAQ's
What is my gross income?
Your gross monthly income is your total income before tax and deductions.
Can Simply Bonds negotiate the best interest rate ?
By obtaining multiple bank quotes, including your own bank, we can negotiate the best deal on your behalf.
Do I need a deposit ?
All banks now offer 100% loans. This would mean that banks are now willing to approve the full value of a property without requiring a large deposit, a deposit would likely reduce your repayment amount and overall loan amount.
How accurate is the Monthly repayment calculator?
The monthly repayment calculator is a guideline. It does not include a credit check or full affordability assessment which the bank will require, you can contact us or request us to call you back to assist further.
Terms and conditions
Although every effort has been made to ensure the accuracy of our calculators, Simply bonds (Pty) Ltd. and its subsidiaries accept no liability in respect of any errors contained herein. Under no circumstances will Simply Bonds (Pty) Ltd and its subsidiaries be liable for any loss or damages whatsoever arising from the use of this calculator.