Home Loan Repayment Calculator
Insert the price of the property you wish to purchase and we will calculate how much your total monthly repayment amount will be.
Your monthly repaymentsR 0
Total amount repayableR 0
* Terms and conditions apply
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.
Home Loan Repayment Calculator FAQs
Will the cost of the house change my monthly repayment amount?
It stands to reason, the higher the purchase price of your dream property, the more you’ll have to pay towards your bond every month.
Do I need a deposit?
All the banks now offer 100% loans. This means that banks are now willing to approve the full value of a property without requiring a large deposit.
Can ooba get me the best interest rate?
By getting multiple banks to quote, including your own, we can negotiate the best deal on your behalf.
Does a 0,25% interest rate cut really make that much difference?
A rate cut of 0.25% on a R1 million home loan, can save you almost R40 000 over 20 years.
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?
Use our calculators
* 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.