How much can you afford to buy for?

Spend no more than a third of your monthly income (after deductions) towards your bond. For every R100 000 you want to borrow – you need to have ±R3000 available p/m to pay the loan.

As a home buyer you need to convince the banks that you :-

• able to repay the loan,
• have a steady and sustainable income
• carry a clean credit profile
• show a good credit history