How Much House Can I Afford?
Enter your income, existing debt and deposit to see the home loan and price range South African banks are likely to approve — then browse homes in that range.
Before tax. Add both incomes for a joint application.
Car finance, personal loans, store and credit cards.
You could afford a home up to about
R 1 036 000
Remember to budget for transfer costs on top of the price — see the transfer cost calculator.
How banks decide what you can afford
Banks start with your gross monthly income and allow roughly 30% of it for the bond repayment. They then check your existing debt (car finance, personal loans, credit cards) and your living expenses, and pull your credit record. The higher your other commitments, the less is left for a home loan.
Ways to afford more
Pay down short-term debt before applying, save a larger deposit, apply jointly, or choose a longer loan term. Remember to set money aside for transfer costs, which most banks won't finance.
Buying directly from an owner doesn't change what the bank will lend — but because the seller isn't paying commission, there is often more room to negotiate. See homes listed by their owners.
Frequently asked questions
How much of my salary can go to a bond repayment?
South African banks generally limit your bond repayment to about 30% of your gross monthly income, and look at your other debt and living expenses before approving a loan.
Can we apply for a home loan together?
Yes. A joint application combines both incomes, which raises the amount you can borrow. Both applicants are then responsible for the full loan.
Do I need a deposit to buy a house in South Africa?
Not always — some banks offer 100% home loans to first-time buyers with good credit. A deposit of 10% or more usually gets you a better interest rate and a higher chance of approval.
Is this the same as pre-approval?
No. This calculator gives an indication only. A bank or bond originator checks your credit record, payslips and bank statements to give you a pre-qualification certificate, which sellers take more seriously.
Estimates only, based on rates checked in October 2026. Fees vary by conveyancer and bank — get a written quote from a registered conveyancer or your bank before you commit.
More property calculators
Selling? Keep the commission.
List your property on OwnersOnly for a flat R299 and deal with buyers directly — no agent, no commission.