Affordability Calculator
See how much property you can afford based on income and existing debt.
Affordability Calculator
Based on a 30% bond-to-income ratio. Indicative only — banks apply their own criteria.
Your estimate
Max property price
Assuming 10% deposit
R 885 613
Max loan amount
R 797 052
Max monthly bond payment
R 8 500
Recommended deposit (10%)
R 88 561
How banks assess affordability
South African banks use your gross income, existing debt obligations, and credit profile to determine how much you can borrow. A common guideline is that bond repayments should not exceed roughly 30% of gross monthly income.
Your disposable income after living expenses also matters. Banks apply stress tests at higher interest rates to ensure you can still afford repayments if rates rise.
This calculator gives an indicative maximum purchase price. A home loan pre-approval from your bank provides the most accurate figure.
Frequently asked questions
What is a debt-to-income ratio?+
It is the percentage of your gross monthly income used to service debt. Banks typically cap total debt obligations, including the new bond, at around 40–45% of gross income.
Does my credit score affect affordability?+
Yes. A stronger credit profile may qualify you for better rates and higher loan amounts. Poor credit can limit approval or increase your interest rate.
Should I include my partner's income?+
If applying jointly, combine both incomes and all shared debt obligations for a more accurate affordability estimate.
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