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Affordability
A guideline of what you could qualify for, based on gross income and existing monthly commitments.
Your details
R
R
Debt repayments and living expenses.
R
%
yrs
Estimate
Affordable instalmentR 2 500
Indicative loan amountR 242 204
Purchase price guidelineR 342 204
Good to know
Lenders generally allow a bond instalment of around 30% of gross income, less existing commitments.
Your credit record, employment history and account conduct all affect the final approval.
Remember to budget separately for transfer and bond registration costs.