How much are transfer costs when buying property in South Africa?

Transfer costs include transfer duty (calculated by SARS based on property value), conveyancing attorney fees, and Deeds Office fees. For a R2,000,000 property, total transfer costs are approximately R120,000-R150,000. Use our free calculator for an estimate.

How is transfer duty calculated in South Africa?

Transfer duty is calculated on a sliding scale by SARS. Properties up to R1,100,000 are exempt. From R1,100,001 to R1,512,500 the rate is 3% of the value above R1,100,000. Higher brackets attract rates of 6%, 8%, 11%, and 13%.

What is the monthly repayment on a R2 million bond in South Africa?

At a typical interest rate of 11.75% over 20 years, the monthly repayment on a R2,000,000 home loan would be approximately R22,500. The exact amount depends on your bank's interest rate and loan term.

Bond Repayment & Transfer Cost Calculator South Africa

Property Cost Calculator

Get an estimate of your bond repayments and transfer costs

Purchase Price (Rands) *

Deposit (Rands)

or Deposit %

Interest Rate (% per year)

Loan Term (years)

Enter a purchase price above to see results

Disclaimer: This calculator provides approximate estimates only and should not be relied upon for financial decisions. Actual bond repayments depend on your bank's assessment, credit profile, and current interest rates. Transfer and bond registration costs are estimates based on published tariff guidelines and may vary. Transfer duty is based on current SARS rates and may change. Always consult a qualified bond originator, conveyancer, or financial advisor for accurate figures.

Bond & Transfer Cost Calculator

Property Cost Calculator

Need Help With Your Property Purchase?