What will this home really cost you?
Work out your monthly repayment, see how much of it goes to interest, and check whether it fits your budget before you speak to a bank.
Your monthly repayment
R 0 / month
Enter a purchase price to start.
- Loan amount
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- Total interest
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- Total you'll repay
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Can you afford it?
If interest rates go up
South African home loans usually move with the prime rate. Here's what the same loan would cost if rates rise:
Paying a little extra
Cash you'll need upfront
Bond registration and transfer attorney fees are extra. Ask a conveyancer for a quote; on most homes these run to tens of thousands of rand.
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Disclaimer
This calculator is a free educational tool from Let's Talk Money. The results are estimates to help you understand and plan. They are not financial advice, a quote, or an offer or approval of credit.
- Figures assume the interest rate stays the same for the whole term. Most South African home loans have variable rates linked to prime, so your repayment will change when rates change.
- Results exclude bank initiation fees, monthly service fees, bond registration and transfer attorney fees, insurance, rates, levies and maintenance.
- Transfer duty is calculated on the SARS table effective 1 April 2025 (unchanged for 2026/27). Your conveyancer will confirm the final amount.
- The 30% affordability guideline is a common bank rule of thumb. Banks also look at your credit record, expenses and existing debt, and each bank applies its own criteria.
Before you sign anything, get a formal quote from a registered credit provider and consider speaking to a qualified, independent financial adviser. Let's Talk Money does not sell financial products and accepts no liability for decisions made using this tool.
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