R842 per month pain for homeowners in South Africa

[Kirsten Minnaar]

R842 per month pain for homeowners in South Africa

The latest 25-basis-point repo rate hike to 7.25% has increased South African homeowners’ monthly bond repayments, with a R5 million bond costing an extra R842 per month.

 

[Heisenborg]

No bond, no pain

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[Agent_Smith]

If you can afford a R5m home, R842 extra should not even make you flinch.

 

[zerocool2009]

Lol, if you can afford a bond of R5kk, then 5% up shouldn’t hurt you either!

Nice to see its up, more to claim back from expenses. (Aka, being a landlord)!