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R749,000

Monthly Bond Repayment R7,352.51
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,166
Monthly Rates
R300

Ground Floor Beauty

This is a beautiful ground floor unit, is situated in a secure complex, feature in the
complex include, a swimming pool, braai area, and play areas. which is located at a walking distance to Gautrain bus stop and public transport.

2 bedrooms, built in cupboards in both bedrooms, floors are tiled.
1 full bathroom, shower and bath, spacious.
Open large tiled living area/family lounge, (close to the kitchen), leading out to the
semi private garden.
Beautiful kitchen, with a breakfast nook, pluming is washing machine ready.
One garage, and a few open parking and parking for visitors.

To finance the amount of R749 000-00 your bond repayment will be +/-R7 677,75 per month and to qualify for the loan you will need to show a gross income of no less than R25 334,92 per month.
Transfer costs work on a sliding scale according to the purchase price of the property, in this case it will be +/-R42 043-00 You will need to have this money available in cash as the banks will not finance this amount with the home loan. The transfer costs in include (A) your tax on the purchase (B) your transferring attorney's fee and (C) the bond registering attorney's fee. Having a 5% - 10% deposit will make the financing process a lot easier.

Features

2
1
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
70m²

Erand Gardens, Midrand

Platinum Residential offers a range of residential properties for those wanting to live in Midrand. Midrand is located between Centurion and Kyalami and is part of the City of Johannesburg Metropolitan Municipality. In 1981, Midrand was established as a municipality, but ceased to be an independent town after local government restructuring that followed the end of apartheid in 1994. Midrand has been...
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Disclaimer: While every effort will be made to ensure that the information contained within the Platinum Residential website is accurate and up to date, Platinum Residential makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,352.51

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