Bond Calculator

Calculate the home loan you qualify for and how much you can expect to pay monthly on your bond repayments.

Amount you qualify for
R 0
Your monthly repayment amount
R 0
Get prequalified

* Terms and conditions apply

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Please Note: The interest rate displayed here is the current, national, prime interest rate, as set by the South African Reserve Bank. The interest rate offered by your bank when applying for a loan may vary.

Bond Calculator FAQs

  • What is my gross income?

    Your gross monthly income is your total income before tax and deductions.

  • What is my net income?

    Your net monthly income is your total income after tax and deductions.

  • How is the home loan amount calculated?

    Your repayment cannot be more than 30% of your gross monthly income and cannot exceed your net surplus income.

  • How accurate is the bond calculator?

    The bond calculator is a guideline. It does not include a credit check or full affordability assessment which the bank will require.

    ooba recommends that you get prequalified before you start house hunting.

Why you should get prequalified

ooba’s prequalification allows you to check your credit score and assess how much you can afford.

  • Shop with confidence

    Knowing your credit score allows you to address any issues before applying for a home loan.

  • Know how much you can afford 

    ooba considers your financial information in the same way a bank would, to give you an accurate assessment of what you can afford.

  • Get the competitive advantage

    Sellers are more likely to accept an offer from someone who has proof that they can afford to buy.

  • Sign a sale agreement with peace of mind

    Pre-approval protects you from putting in an offer on a property you can’t afford. Why risk disappointment?

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* Terms and conditions

Although every effort has been made to ensure the accuracy of our calculators, ooba (Pty) Ltd. and its subsidiaries accept no liability in respect of any errors contained herein. Under no circumstances will ooba (Pty) Ltd and its subsidiaries be liable for any loss or damages whatsoever arising from the use of this calculator.