consult@efficient-wealth.co.za+27 76 038 5137

Home Loan Tools

(including application forms)

Free easy to use tools & forms for Home Buyers. Check the calculators and download the Pre-qualification and Home Loan application forms by clicking on the “buttons” below and let us assist you with your property purchase. Instantly calculate the repayments, affordability and savings on extra payments.

✓ Free to Use✓ No Registration Required✓ Instant Results

Home Loan Tools

Select a tool below. Yellow fields are editable inputs — change any value to see instant results.

A) HOME LOAN REPAYMENT TOOL
Enter the total home loan amount
Enter your annual interest rate (%)
Standard SA home loans: 20–30 years
R 30 000,00
R 7 199 998,86
R 4 245 000,86
How to use: Enter your loan amount, the annual interest rate, and loan term in years. The monthly repayment is calculated using the standard PMT formula — the same used by South African banks. Interest rate is the annual nominal rate (e.g. 11.75%).
Input field (editable) Calculated result
B) HOME LOAN AFFORDABILITY TOOL
Your total salary before tax & deductions
Take-home pay after all deductions
Total monthly living costs (excl. current rent)
R 30 000,00
R 2 954 998,47
How to use: Input your GROSS salary before tax and deductions and then the NET INCOME amount after tax and deductions. Then input your monthly expenses that are paid from your NET INCOME — this will give you your Net Surplus Available and will determine the estimated maximum home loan you may qualify for through the banks. NB — Please remember to EXCLUDE the rent you are paying under your monthly expenses if a new home purchase will replace this expense.
Input field (editable) Calculated result
C) HOME LOAN ACCELERATED PAYOFF TOOL (EXTRA PAYMENTS)
Extra amount paid each month above normal repayment
R 16 255,61
R 21 255,61
121
10.04
9 yrs 11 mths
R 1 339 524,70
How to use: Enter your loan details and an additional monthly amount you can afford to pay. This tool shows how much sooner you will pay off your loan and how much interest you will save. Even a small extra payment each month makes a significant difference over time.
Input field (editable) Calculated result Savings highlighted

Are you ready to get yourself Pre-qualified?

Get our Pre-qualification forms emailed to you instantly. Our team will guide you through every step of the process.

Are you ready to apply for a Home Loan?

Get your Home Loan Application forms emailed to you instantly. Our team will guide you through every step of the process.

HOW TO APPLY

Three simple steps to get you closer to your dream home.

1

Submit Your Details

Click on the buttons and fill in your name and email address. It takes less than 30 seconds.

2

Receive the Forms

We will email you the application form and the list of documents required immediately.

3

We Process Your Application

Complete and return the application form with the required documents. Our Home Loan Specialist will process your application and will provide you with the required certificate or approval.

Costs and other information regarding the buying process

Buying a property in South Africa does have certain costs attached to this purchase. Buyers will be responsible for Bond and Transfer costs. Please click on the button below to see the estimated costs pertaining to your property purchase. The property transfer process from the seller to the buyer is also outlined below together with the bond registration process which happens in the applicable deeds office. For more information on these processes please click on the buttons below.

Bond & Transfer Costs (estimate)Bond Registration ProcessProperty Transfer Process
Above information provided by Telfer Inc who are registered and experienced conveyancing attorneys who can assist with all matters related to property purchases and transfers. They can be contacted on +27 (0) 11 267 2600 or info@telferinc.co.za (contact persons: Helen Andrea / Dianne Shalala)