Property Calculator
Sectional Title Monthly Cost
Bond + levy + rates — what a sectional title property really costs you each month.
R 1 800 000
R 300 000R 10 000 000
10%
0%30%
10.50%
7.00%18.00%
Checking the latest prime rate…
20 yrs
5 yrs30 yrs
R 2 200
R 0R 15 000
R 0
R 0R 10 000
R 1 200
R 0R 10 000
* Remember to ask for the body corporate's Section 3(1)(b) 10-year maintenance plan and a Section 118 clearance certificate before signing.
Schedule of Charges
Bond repaymentR 16 174
Monthly levyR 2 200
Municipal ratesR 1 200
Total EstimatedR 19 574
Annual levies above 1.2% of purchase price are on the high side — check the body corporate's 10-year maintenance plan before buying.