Bond repayment
Your monthly number on a given loan, rate and term.
Based on current SA amortisation · Prime 10.50% · Updated May 2026
Monthly repayment
R 14 975,70
Principal 41.7%Interest 58.3%
Principal
R 1 500 000
Interest
R 2 094 168
Total repayment
R 3 594 168
Estimated closing costs
R 66 656Transfer dutyTransfer attorneyBond costsOther
Paid upfront at transfer — not included in your monthly repayment.
Next, check:
What moves this number
Rate
Every 1% adds about R 1 021/month at this loan size.
Most SA home loans sit at prime ±1.5%.
Term
A 20-year term costs about R 654 650 less in interest than 25 years on this loan.
SA norm: 20 years. 25 and 30 exist; 15 is rare.
Extra per month
Paying an extra R500/month typically pays a loan off a few years sooner — try it in the extra-payment tool.
This calculator is for illustrative purposes only and does not constitute financial advice.