HeyMiesHeyMies

For Buyers

Budget properly before you buy. Estimate repayments and transfer-related costs.

Smart. Simple. Sorted.

Buying a home in South Africa

What you’ll typically need
  • • SA ID / passport (and co-applicant if applicable)
  • • Proof of income (payslips or accountant letter if self-employed)
  • • Bank statements (commonly 3–6 months)
  • • Proof of address (FICA)
  • • Deposit (often improves approval + rate)
  • • Credit record matters
How the process usually works
  1. Offer to Purchase accepted
  2. Bond application + approval
  3. Conveyancer appointed (transfer + bond registration)
  4. Costs paid (duty/fees)
  5. Deeds Office registration
  6. Keys + occupation

Note: If the seller is VAT-registered and the sale is a VAT transaction (often developer sales), transfer duty is typically not payable (your conveyancer confirms).

Bond repayment calculator

Purchase price (R)
Deposit (R)
Interest rate (% p.a.)
Term (years)

Estimate only. Your bank rate and fees determine the real figure.

Estimate
Bond amount (principal)
R 1 800 000
Monthly repayment
R 19 507
Total paid over term
R 4 681 615
Total interest
R 2 881 615

Transfer Cost Calculator

Purchase price (including VAT) *
Loan amount *
Type of property ownership *
Seller registered for VAT *
Status of purchaser *

(Loan: R 1 000 000) Ownership/purchaser are captured for future workflow — costs are estimates for now.

Total costs (including VAT)
R 82 373
Bond registration costs (incl VAT)
Bond registration costsR 29 716
Bank initiation feeR 6 038
Deeds office feesR 1 464
Post, petties & FICAR 2 200
R 44 205
Transfer costs (incl VAT)
Property transfer costsR 29 716
Transfer dutyR 0
Deeds office feesR 1 464
Post, petties & FICAR 2 200
R 38 167

Want help getting buyer-ready?

Tell us what you’re looking for — we’ll guide the next step.