Our free bond affordability calculator will show you the bond amount your salary could qualify for.
A very useful tool to help you understand how much bond your salary can afford or what salary you need to reach, to qualify the bond of your dream house.
I have a bond with FNB and let me tell you, the only question I had in 2018 to my real estate agent with my R18,700.00 salary was how much will be my monthly installment for 25 years.
That was not a great approach, I should have done my research prior and know my numbers because there's more that goes with a bond application such as initiation fees, paying attorneys to help process the application, and so on.
I was just excited would be owning a house and then later realized my salary didn't actually afford me to stay at the house and opted to rent it out instead.
Please use this bond affordability calculator for your own benefit, you've got nothing to lose really.