HOME LOAN QUALIFICATION GUIDE

Kindly view the Affordability Table in order to determine the home loan amount that you could qualify for.



AFFORDABILITY TABLE

In addition to possessing a good credit record, each bank has their own scoring system which rates you according to your payment profile, income, expenses and your Experian/TransUnion Profile.

Please note that your monthly loan repayment (RTI) may not exceed 30% of your monthly income.

Max Installment Capacity

ex. R15 000 x 30% = R4 500

Max Home Loan Capacity

 ex. R15 000.00 x 30% ÷ 9.00 x 1000 = R50 0000.00

Monthly Installment

 ex. R50 0000.00 ÷ 1000 x 9.00 = R4 500.00

RTI Calculation

ex. R4 500.00 ÷ R15 000.00 x 100 = 30

Kindly view our calculator options to see what you could qualify for.


DOWNLOAD TABLE

Please refer to the following Loan to Value (LTV) guideline in order to compare the different consolidated bank policies and criteria.


LOAN TO VALUE GUIDELINE DOWNLOAD LTV

Kindly view the Bond Repayment Table in order to determine the monthly instalments on your home loan

BOND REPAYMENT TABLE DOWNLOAD TABLE ….............................. ….............................. …..............................
euf - end user finance

+27 (011) 805 6316

  www.csi-euf.co.za

|

Hertford Office Park  | Building F | Third Floor | 90 Bekker Street | Midrand | 1685

Services
SITEMAP
Home Tools

Website developed by: 222.979