Buying

Deposit and Purchase Cost Calculator

The deposit is rarely the only cash you need. This estimates the full amount to have available before transfer.

Inputs

Purchase price

Deposit

% of price

Currently R 165 000.

VAT-inclusive purchase from a registered developerTransfer duty is excluded where the price already includes VAT.Bond initiation fee

Set by the lender. Adjust to the figure on your quote.

Other acquisition costs

Rates clearance, levy clearance, electrical and gas compliance certificates, deeds office fees, moving.

Results

Estimated cash needed

R 237 400

Deposit plus all acquisition costs below.

Deposit

R 165 000

Transfer duty (est.)

R 13 200

Conveyancing (est.)

R 21 025

Bond registration (est.)

R 17 138

Total costs excluding deposit

R 72 400

Includes bond initiation and other acquisition costs entered above.

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Read the guide

What costs should I budget for when buying investment property?The South African property buying process

All figures are estimates. Transfer duty brackets are set by SARS and revised in the national budget, and attorney tariffs vary between firms. VAT-inclusive new developments are usually priced with VAT instead of transfer duty. Confirm exact amounts with your conveyancer and lender before you commit.