Buying

Property Affordability Calculator

An indicative view of the property price your income may support, after existing debt commitments and your deposit.

Inputs

Gross monthly income

Before tax and deductions.

Existing monthly debt commitments

Vehicle finance, credit cards, store cards, personal loans, other bonds.

Available deposit

Indicative interest rate

% p.a.

Preferred bond term

years

SA banks typically offer 5 to 30 years.

Repayment as share of income

Lenders commonly work around 30% of gross income for total housing cost.

Results

Indicative property price

R 828 171

Estimated loan capacity plus your deposit. Not a qualification.

Indicative bond amount

R 678 171

Estimated repayment

R 7 000

Repayment allowance after debt

R 7 000

Based on 30% of gross income less R 6 500 of existing commitments.

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Read the guide

How much investment property can I afford?How to prepare for a home loan application

Indicative estimate only. Actual affordability, credit approval and loan terms are determined by the lender based on your individual financial and credit circumstances, including the National Credit Act affordability assessment. This is not an offer of finance or a pre-approval.