Use this calculator to calculate
the transfer & bond costs that
will be incurred when buying a property. The calculation includes transfer duties, transfer fees, deed
office levies, bond registration fees and other transfer &
bond related costs. Note that the transfer & bond registration
costs which are calculated should be seen as estimates only
- actual charges may differ from these estimates.
Use this bond calculator to
calculate your monthly bond repayment amount. The calculator results include the total
bond repayments over the entire bond period, the total interest
that is incurred over the entire bond period as well as the
monthly bond repayments based on a 15 and 30 year bond period
and annual interest rates that are 1% more and 1% less than
the specified bond interest rate.
Use this bond calculator to
calculate the estimated bond amount that you will qualify for. Bond affordability is determined by
your combined monthly net disposable income (as required by
the National Credit Act). If your net disposable
income is more than 30% of your gross
remuneration, the bond qualification amount is based on a
30% repayment to income ratio (as applied by most financial
institutions). The calculator also includes an interest rate buffer percentage
which is used to measure the sensitivity of the bond affordability
calculation to interest rate changes.
Use this bond calculator to
calculate the minimum monthly net disposable income which is
required in order to qualify for a specified bond amount.
A net disposable
income percentage can also be entered in order to calculate
the required gross monthly income amount. The minimum net
disposable income which is calculated is based on the required
monthly bond repayment.
Use this bond calculator to view a summary of bond repayments, interest
charges, capital repayments and outstanding bond balances
over the entire bond period. The percentage capital which is outstanding after each monthly
bond repayment is also reflected as an indication of
how the initial bond amount is settled over the bond
period.
Use this bond calculator to
calculate the amount of interest that can be saved by increasing
your monthly bond repayment amount. The calculated results include the adjusted bond period in
months & years, the total bond repayments and interest over
the original and adjusted bond periods and the interest savings
amount (also in present value terms).
Use this bond calculator to
calculate the interest savings that result from making bi-weekly
bond repayments instead of monthly bond repayments. For the
purpose of the calculation, it is assumed that the original
required bond repayment amount remains unchanged and that
the additional bi-weekly bond repayment is allocated against
the outstanding capital balance of the bond.