HOW DO YOU QUALIFY?
You are allowed to spend 30% of your gross monthly income (before deductions) on the purchase of fixed property.
To calculate the 30% the banks also take into account:
*Car and travel allowances
*Current rental income
*Commission based income
*Monthly pension
*Maintenance
*Self Employed
Column 1 :Client's monthly income
Column 2 :Maximum bond @ 9.5%
Column 3 :Maximum bond @ 8.5%
ZAR 10,000 ZAR 315,789 ZAR 352,941
ZAR 12,000 ZAR 378,947 ZAR 423,529
ZAR 14,000 ZAR 442,105 ZAR 494,118
ZAR 16,000 ZAR 505,263 ZAR 564,706
ZAR 18,000 ZAR 568,421 ZAR 635,294
ZAR 20,000 ZAR 631,579 ZAR 705,882
ZAR 22,000 ZAR 694,736 ZAR 776,470
ZAR 24,000 ZAR 757,895 ZAR 847,059
ZAR 26,000 ZAR 821,053 ZAR 917,647
ZAR 28,000 ZAR 884,211 ZAR 988,235
ZAR 30,000 ZAR 947,368 ZAR 1,058,823
ZAR 34,000 ZAR 1,073,684 ZAR 1,200,000
ZAR 38,000 ZAR 1,200,000 ZAR 1,341,176
ZAR 42,000 ZAR 1,326,316 ZAR 1,482,353
ZAR 46,000 ZAR 1,452,632 ZAR 1,623,529
ZAR 50,000 ZAR 1,578,947 ZAR 1,764,706
As a financial consultant she offer you the following:
1. Bonds with the following institutions:
* Standard Bank * Absa
* FNB * Nedbank
2. Discounted interest rates depending on:
* Size of bond
* Income
* Percentage loan
3. Free financial advice and service
4. Free pre-qualification
All she need for the application is:
* Payslip
* 3 months bank statements
* Copy of ID
* Offer to purchase
Your Homeloan has many exciting options you can use to best suit your needs
Your Homeloan may qualify you to participate in your banks' incentive Rewards
Contact
Mari Steyn
Cell +27 (0)82 445 6928
Work +27 (0)12 346 5704
Fax +27 (0)12 346 0092
Email msteyn@bondzone.co.za