Property Tools
Bond Calculator
Calculate your monthly bond repayments and total interest for properties in Centurion.
Calculate Bond
Common Questions
Frequently Asked Questions
What is the current prime lending rate in South Africa?
The prime lending rate is the SARB repo rate plus 3.5%. It is updated after each SARB Monetary Policy Committee meeting, held approximately every two months. The current rate is shown live on this calculator.
How much deposit do I need for a home loan?
Most South African banks require a minimum 10% deposit. A larger deposit reduces your loan amount, monthly repayment, and total interest paid over the bond term.
What bond term should I choose — 20 or 30 years?
A 20-year term saves significantly on total interest. A 30-year term lowers your monthly repayment. Use this calculator to compare both and see the difference in total cost.
Does a bigger deposit reduce my monthly repayment?
Yes. Your deposit is deducted from the purchase price before interest is calculated, so a higher deposit lowers both your loan amount and your monthly repayment.
What other costs should I budget for when buying property?
Beyond your bond repayment, budget for transfer duty, bond registration fees (approximately R7,000), and conveyancing fees (approximately R23,000). Use our Affordability Calculator to include all costs.
—
—
How It Works
Enter the property purchase price or select a listing to auto-fill
Set your deposit amount, interest rate, and bond term
Click Calculate Bond to see your monthly repayment and total interest
About This Calculator
Calculate your exact monthly bond repayment and total interest for any property in Centurion. Pre-filled with the current prime lending rate from live SARB data.
Select any listed property to auto-populate the purchase price and a 10% default deposit, then adjust to match your situation.