What Kind of Bond can you Afford?

There are a few things you have to know in order to make sure that the rest of the buying process runs as smoothly as possible.

Most importantly, you have to find out how much you can borrow. The loan amount is calculated based on your household income, monthly credit commitments such as loans and credit cards are also taken into account. The affordability calculator will give you an idea of bond amount that you may qualify for.

Stretching your finances to the limit could prove very costly in the future. What we suggest is that you find out how much your monthly bond repayment will be and whether you will be able to afford them.

Go to http://bit.ly/HwDj09 to use BetterBond’s mortgage calculators

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About BetterLife Home Loans

Since 2003 BetterLife Home Loans has been SA’s No.1 Bond Originator, handling the entire home loan application process on your behalf – free of charge! Our aim is still to source the best interest rate for you by submitting your home loan application to all the major banks. There is no easier way to apply for a Bond or Home Loan in South Africa!

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