Bond Calculators
Additional
Select Calculator:
Overview
Affordability
Transfer
Additional
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Property Purchase Price
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Property Purchase Price
Enter the property purchase price (include the deposit amount).
Annual Interest Rate %
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Interest Rate
Enter the annual bond interest rate.
Bond Period
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Bond Period
Enter a period of between 1 and 30 years.
Deposit Amount
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Deposit Amount
Enter the deposit amount (if any).
Additional Payment
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Additional Monthly Payment
Enter the amount of the additional monthly bond repayment.
Your total interest saving will be
R500 852
Additional Bond Repayment
If an additional monthly bond repayment of R1,000.00 is made, the total monthly bond repayment will be R21,643.77.
Original Bond Totals
If no additional bond repayments are made, the total bond repayments over the bond term of 20 years will be R4,954,504 and the total interest charges will be R2,954,504.
Adjusted Bond Totals
The additional monthly bond repayments reduce the total bond repayments to R4,453,652 and the total interest charges to R2,453,652. The bond repayment period is also reduced from 20.0 years to 17.1 years.
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.