Remember your repayment on your home loan may not be more than 30% of your basic income.
Go to our "CALCULATOR" button to determine how much the bank will look at for maximum repayment amount and also how much the repayment will be on a loan.
Prime rate is 9.25% currently and
this means a loan of R1m will cost you R9 158.67 pm over 20 years,
Absa and Std Bank will do a loan over 30 years, which means the same loan will cost you R8 220 pm over 30 years.
The banks will depending on your overall credit rating and scoring, loan amount, deposit amount, etc
quote you an interest rate of more or less than prime.
We will negotiate to get the best rate possible.