Monthly Bond and Car costs

srothman

Expert Member
Joined
Mar 30, 2010
Messages
2,756
So just out if interest sake;

How much, as a percentage, of your NET salary do you spend on your bond and your vehicle(s) installment(s)?

Mine is:

Bond - ~20%
Car - ~10%
Age - 32
 
Last edited:

SauRoNZA

Honorary Master
Joined
Jul 6, 2010
Messages
47,910
About 12% to Car and Bike.

22% to home loan by choice because actual required payment is about 13%.

Age - 31
 
Last edited:

VG008

Senior Member
Joined
Dec 9, 2010
Messages
797
Got neither at the moment, but looking for my first home. Repayments should be around 8% of my Nett and I've budgeted for an additional 13-15% for additional repayments.
 

3WA

Honorary Master
Joined
Sep 25, 2012
Messages
19,724
Bond 27%

Car 0% and I hope to never have to take a loan for a car.
 

kat06sa

Expert Member
Joined
Dec 21, 2009
Messages
1,273
Think it may also be a good idea to include your age. Younger okes tend to spend more.
 

Jakes147

Expert Member
Joined
Apr 30, 2010
Messages
1,705
The people paying 0% is it because you have already paid it off?

Bond: 22%
Cars: 20%
32

As a percentage of household income.
 
Last edited:
Top