Buying your first home is a big step. From bond pre-approval to transfer costs, here's a practical overview of the process in the Vaal.
Start with bond pre-approval. It gives you a realistic price range and shows sellers and agents you are a serious buyer.
Remember to budget for transfer costs on top of the purchase price. These include transfer duty, bond registration fees, and conveyancing fees. Our transfer cost calculator gives an estimate.
Use the bond and affordability calculators to understand your monthly repayment and what you can comfortably afford, including rates, levies and insurance.
This article is general information and not financial advice. Speak to a bond originator or financial advisor for guidance specific to your situation.
