How do I use the BetterBond bond and transfer cost calculator?

It’s easy to get sidetracked with your monthly repayments, but have you considered the once-off costs related to finalising your bond? They are separate from your deposit and monthly bond repayments and include transfer duties, legal fees and registration costs. Understanding these costs upfront enables you to plan and budget confidently.

Calculate your bond and transfer costs in three easy steps

1. 1.Enter the purchase price: type in the full price of the property you want to buy (for example, R1,200,000). The calculator uses this to estimate the related costs.
2. 2.Enter your bond amount: this is the amount you plan to borrow. If you’re paying a deposit, subtract it from the purchase price first.
   Example:
   • Purchase price = R1,200,000
   • Deposit = R120,000
   • Bond amount = R1,200,000 − R120,000 = R1,080,000
3. 3.Click Calculate: The calculator will show:
   • Total cost: the combined total of all once-off costs due before transfer.
   • Total transfer costs: a breakdown of these costs.
   • Total bond costs: a breakdown of these costs.

Pro tip: Adjust the property price or bond amount to see the impact on your transfer costs. Now you can set aside enough money to cover all upfront costs – and buy your dream home with no financial surprises at registration.