South Africa's Free Home Loan Tool

How Much Home Loan Can You Afford?

Calculate your affordability instantly based on your income and expenses — no registration needed.

Instant results No sign-up required Built for South Africa
Affordability Calculator
R
R
11.75%
7%18%
20 yrs
5 yrs30 yrs
Estimated Loan You Can Afford
Estimated Monthly Repayment
📋 Estimates only. Actual approval depends on your credit profile, employment history, and lender assessment.

How It Works

Three quick steps to understand exactly where you stand before speaking to a bank.

01

Enter Your Income

Input your monthly gross income — the amount before tax and deductions. This is the foundation of your affordability calculation.

02

Adjust Your Expenses

Add up your regular monthly commitments — food, transport, insurance, existing debt. The more accurate, the better your estimate.

03

See What You Qualify For

Instantly see your estimated maximum home loan amount and what your monthly bond repayment would look like.

Built for South African Home Buyers

  • Instant results — No waiting, no forms to fill. Your affordability estimate appears in seconds.
  • 🇿🇦
    Designed for South Africa — Uses current prime interest rate benchmarks and South African lending conventions.
  • 🔓
    No sign-up required — Completely anonymous. Your financial data stays in your browser.
  • 📊
    Transparent formula — Based on the standard 30% of gross income maximum used by South African banks.
  • 📱
    Mobile-friendly — Works perfectly on any device, anywhere, anytime.
Salary vs Estimated Loan Amount
Monthly Salary Max Repayment (30%) Est. Loan (20yr @ 11.75%)
R 15 000R 4 500R 418 000
R 20 000R 6 000R 557 000
R 30 000R 9 000R 836 000
R 40 000R 12 000R 1 114 000
R 55 000R 16 500R 1 532 000
R 75 000R 22 500R 2 089 000

* Estimates based on 30% of gross income, 20-year term, 11.75% interest rate. Actual bank approval criteria may vary.

Monthly Bond Repayment Calculator

Already know the property price? Calculate exactly what your monthly repayment will be.

R
11.75%
7%18%
20 yrs
5 yrs30 yrs
Monthly Repayment
R —

Get Pre-Approved for a Home Loan

Let one of our qualified bond originators contact you — free, with no obligation whatsoever.

Free, no obligation — we never share your details
🎉

We'll be in touch shortly!

A qualified bond originator will contact you within 1 business day to discuss your options.

Frequently Asked Questions

South African banks typically allow a maximum of 28–30% of your gross monthly income to go towards bond repayments. Bondly uses 30% as the upper limit. We take your income, subtract your existing expenses to find disposable income, cap repayment at 30% of gross income (whichever is lower), and then reverse-calculate the loan amount you can afford at the given interest rate and term using the standard amortisation formula.
There's no fixed minimum, but most banks look for a stable income and require that your bond repayment not exceed 30% of your gross salary. As a rough guide: on R15,000/month you may qualify for around R400,000; on R25,000/month around R700,000; and on R50,000/month upwards of R1.4 million — depending on the interest rate, term, and your credit profile. Use Bondly's calculator for a personalised estimate.
No. Bondly provides estimates only and does not constitute a formal loan offer or guarantee of approval. Banks conduct full credit assessments that consider your credit score, employment history, existing debt obligations, property valuation, and other factors. Use this calculator as a planning guide, then speak to a bank or bond originator for a formal pre-approval.
The interest rate on home loans is typically linked to the South African prime lending rate set by the South African Reserve Bank (SARB). Banks offer rates at prime or prime plus/minus a margin depending on your risk profile. Bondly defaults to 11.75%, but you can adjust the slider to match your actual quoted rate. Check with your bank or the SARB website for the current prime rate.
Beyond the monthly bond repayment, budget for: transfer duty (on properties above R1.1 million), bond registration costs, conveyancing fees, homeowners insurance (required by the bank), and rates and taxes. These once-off and ongoing costs can be significant and should factor into your total affordability picture.