Bond Calculators
Your monthly bond repayment will be
R20 643.77
Total Bond Repayments
The total bond repayments over the entire bond period will be R4,954,504 and the total interest charges will be R2,954,504.
Interest Rate Changes
An increase of 1% in the bond interest rate results in an increase of R1,378 in the monthly bond repayment and a decrease of 1% in the bond interest rate results in a decrease of R1,343 in the monthly bond repayment.
Affordability
You need to earn a combined income of R68,813 per month in order to qualify for a bond of R2,000,000 based on a net disposable income percentage of 30.0%.
Cash Costs
Total Transfer Costs
R
86,149
Total Bond Costs
R
48,734
Total Cash Costs
R
134,884
Disclaimer: These bond calculators are provided for the user's convenience and can be used to calculate estimates of the appropriate values. Although every effort has been made to ensure the accuracy of these calculations, we cannot under any circumstances be held liable for inaccuracies and we do not accept liability for any loss or damages arising from the use of these calculators.