Good news! It is now affordable to buy again!
With the recent rate cuts, here's what you can expect to save and pay per month on your bond payments:
Bond Value: R 1 000 000 - Total Saving per month: R 1 581
Bond Value: R 1 500 000 - Total Saving per month: R 2 372
Bond Value: R 2 000 000 - Total Saving per month: R 3 162
Bond Value: R 3 000 000 - Total Saving per month: R 4 745
Bond Value: R 4 000 000 - Total Saving per month: R 6 326
Bond Value: R 5 000 000 - Total Saving per month: R 7 908
*based on a 20 year bond loan at prime