Minimum Income Calculator
TO USE THE CALCULATOR
Key in the amount of the home loan that you require. Key in the home
loan interest rate you qualify for. Key in the number of months that
you would like to repay your bond (this may vary between 20, 25 and
30 years e.g. 30 years = 360 months). Click on the ‘Calculate’ button.
WILL THIS CALCULATE
the single or joint gross monthly income required to afford a home
loan and what the repayment will be.
While every effort has been made to ensure accuracy, no responsibility
can be accepted for errors or omissions however caused.
responsibility for any loss occasioned to any person acting or refraining
from action as a result of material in this programme is accepted