AFFORDABILITY AND BOND REPAYMENT CALCULATOR

Eager to see what home loan finance you could obtain? These calculators indicate your affordability, as well as your monthly repayments, and bond and  transfer costs.

AFFORDABILITY AND BOND REPAYMENT CALCULATORS

Eager to see what home loan finance you could obtain? These calculators indicate your affordability, as well as your monthly bond repayments and the accumulated interest on a bond.

Please note that the above estimates are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the above calculators, Coast 2 Coast Home Loans and MortgageMax cannot be held liable for any loss or damage arising directly or indirectly from the use of the calculators, including any incorrect information generated by the calculators, and/or arising pursuant to your reliance on such information.

Required documents for bond origination process

To pre-qualify for a home loan, Coast 2 Coast Home Loans also requires the following documents to complete the bond origination process:

Full-time employee

  • Copy of ID
  • Copy of marriage certificate
  • 3  Months’ paysheets with 3 months’ bank statements
  • If you earn commission or overtime, we require 6 months’ payslips and 6 months’ bank statements.

 

Self employed

  • Comparative annual financial statements of the business for the latest two years
  • A letter from your auditor confirming your personal income, as well as any personal expenses the business pays for you
  • If your financials are more than six months old, you will need up-to-date signed management accounts
  • A personal statement of assets and liabilities
  • The latest 6 months’ personal and business bank statements
  • Your latest IT34 from SARS
  • Your company / closed-corporation (CC) statutory documents, if you are buying in an entity
  • The ID documents of all the directors / members of the business if you are buying in an entity.

Home loan application process

As part of the bond application process, Coast 2 Coast Home Loans sources home loan quotes on your behalf from multiple banks.  You can then compare the banks’ offerings and secure a home loan at the best possible rate!

Coast 2 Coast Home Loans is powered by Mortgage Max, one of SA’s top bond originators. As bond originators / Home Loan Specialists, we have a good relationship with the banks. This means you’ll enjoy a quick turnaround time and professional service.

Click here to pre-qualify for a home loan.