Monthly Repayment Calculator
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.
Frequently Asked Questions
Your gross monthly income is your total income before tax & deductions.
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 & the overall loan amount.
The calculator should be used as a guideline only. It does not include a Credit Check or Full Affordability Assessment which the bank will require. You can contact us or request us to contact you for assistance.
By getting quotes from multiple banks, including your own, we can negotiate the best deal on your behalf.
Terms & 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.
