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R406,000

Monthly Bond Repayment R4,329.70
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,100

Ever envisioned that perfect home?

Have you ever envisioned the perfect home, tailor-made to your exact specifications and desires? The opportunity to turn that dream into a reality is now within your reach! We present to you an enticing opportunity where you can build the home of your dreams, and the only limit is your imagination. The available land parcels vary in size, allowing you the flexibility to choose the perfect plot to suit your vision. Whether you dream of a cozy cottage or a sprawling estate, the choice is yours. Each parcel is competitively priced, making it affordable for those seeking to invest in their future and create a space that is uniquely their own.

Furthermore, if you're an aspiring property investor, this is a golden opportunity to build a complex and generate rental income. The real estate market offers lucrative returns, and with the shortage of quality rental properties, your investment is likely to be in high demand. This venture could be your key to financial prosperity. It's important to note that banks offer loans for vacant land, but typically at a 60% loan-to-value ratio. This means that you would need to provide a 40% deposit upfront. However, there's another convenient option: you can apply for the entire building package, which includes architectural plans and construction. This approach not only simplifies the process but also eliminates the need for a substantial initial deposit, allowing you to start building your dream home or investment property sooner. Imagine every detail of your perfect home, from the layout and design to the finishes and fixtures. Picture yourself in a place that reflects your style, values, and aspirations. This is your opportunity to make it happen. The blank canvas of vacant land is waiting for your creative touch.

 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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

4,329.70

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