Costs Calculator

The purchase of property is levied by the government (transfer fees). There are legal and admin costs for the registration of the home loan, most of which are due upfront, before transfer can take place. Use this calculator to work out what these costs are so you can have the funds available in time.

Please ensure there are no spaces, commas, percentages or full stops in the values you enter.

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Home Cost:

2 280 000,00

Total Transfer Cost:

162 006,25

Bond cost:

Conveyancer’s Fee
Sundries
VAT @ 15%
Deeds Office Levy

R 44 281,75

R 34 645,00
R 2 000,00
R 5 496,75
R 2 140,00

Transfer Costs:

Conveyancer’s Fee
Sundries
VAT @ 15%
Deeds Office Levy
Transfer Duty

R 117 724,50

R 36 530,00
2 000,00
R 5 779,50
R 2 140,00
R 71 275,00

Based on the total purchase price R2 400 000,00

Provisions must be made for the following:

Bank’s admin & initiation fees of R 6 037,50
Levies for up to 12 months (normally 3 months)
Transfer of an Exclusive Use Area such as parking bays, garages, etc. in an amount of approx. R 2 000,00 per Exclusive Use Area
Insurance Certificate for Sectional Title transfers in the sum of approx. R 800,00
A charge which varies from attorney to attorney for electronic instructions fee, FICA fee, deeds office searches and other charges in an amount of between R 1 000,00 to R 2 000,00
Disclaimer: All rates and fees are illustrative rates and fees which are subject to change. This calculator is provided for you convenience and provide estimated values based on the criteria selected. When consulting a Bond Gallery agent the costs can be formally confirmed based on all the information provided.

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