Welcome to the Property Toolbox

YOUR OWN BUYER’S PROFILE

• A home buyer needs to approach a property purchase transaction with full understanding of his or her purchase power – that means in “simple terms” What can you afford to buy?

• If a home loan or a FLISP Subsidy from the Government or Rent2buy Finance is required then you will need to kick off to understand how a bank ( a financial institution) will look at your application.

• No 1 – They will look at your credit score

• No 2 – The will look at your income and expenses and do a calculation of how you can afford to pay back each month to the bank as a home loan instalment [TIP – usually the “thumb suck” method is 30 % of your income]

• Example: If you earn R30 000 per month, then 1/3 of that is R10 000 and that would qualify you +/- for a home loan of R1 million rand.

• Read the article – “avoid paying 30% more for your home loan”

CREATE YOUR OWN HOME BUYER’S PROFILE

We have made it real easy and simple for you.

First – Watch the My Bond Fitness Buyer’s Profile video how to go about

Second – Register here on the My Bond Fitness link and get started.

Or

Rent2buy – Interested in Rent2buy with Finance? Click here to create your own Rent2buy Finance Buyer’s Profile

Or

FLISP Home Buyer Profile – If you are a first-time home buyer and earn between R3 501 – R22 000 – that is total gross household income – Click here to create your FLISP and Home Loan Buyer’s Profile

 

COMPLETE ALL THE STEPS & SIT BACK

In less than 10 minutes our unique software developed with our expert mortgage team will do all the clever calculations to provide you with your own personalized Bond Indicator – remember – you can invite a partner to join and combine purchase power to improve your purchase power.