Skip to main content

Bond originator









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
Labels:

Popular posts from this blog

Interpret property info the right way

Jacques du Toit, property strategist at Absa, says in order to understand information about price growth, a good grasp of the factors that drive it is necessary. “Many factors can influence price growth. These factors relate to the property market and the household sector, which may include demand and supply conditions, initially driven by economic growth, inflation, interest rates, employment, household income, debt, the affordability of housing, etc.” He says the average price of houses in certain segments is calculated by dividing the total value of properties sold in a specific period in a specific segment by the number of those properties. “The overall average of middle-segment housing as defined by Absa – small, medium and large – is calculated by using the samples of each segment. It is thus a weighted average that is calculated.” Read the whole article
Read more

Financial Advice That Can Do Serious Damage

Buying property is better than renting. A common refrain, even on the heels of the bursting real estate bubble, is that renting an apartment is "throwing money away" compared with homeownership and the ability it offers to build equity and wealth. As if staggering foreclosure rates and underwater mortgages aren't enough to make a different case, consider that it is not just mortgage payments to worry about. There are interest payments, property taxes, homeowner's insurance, furnishings, utility bills, maintenance and repairs to add to the mix. Treating a home as an always-appreciating investment is no longer a smart strategy, and those who base their ability to pay a mortgage on projected earnings, rather than current paychecks, may be dangerously optimistic. Resolutions That Will Save You Money Make paying off debt a priority. Reducing your debt and excising the interest payments and accompanying fees is usually a good idea. But paying down debt shouldn't derail ...
Read more

Home: Tips to greening your home

1. Be conscious and aware of your energy usage. Instead use gas heaters rather than oil or electric heaters. 2. Install a solar geyser or heat pump for long-term benefits. 3. Look at your window dressings like curtains and/or blinds to maximise internal insulation. 4. Install insulation on the roof where applicable. 5. Landscape home gardens according to the orientation of the building and existing window schedules. Plant evergreen or deciduous according to winter and summer months to create shade in areas where there are big windows that receive full sun in summer and in the winter months the leaves fall to allow the sunshine in; this will give you natural heating and cooling of the building. 6. Fit carpeting where there are tiles or use a rug to create warmth in cold areas. Recycle organic waste and use it in the garden instead of using fertilisers. These can be stored in summer to keep the temperature down. 7. Recycle waste. Recycleable waste that goes in...
Read more