Monthly Bond and Car costs

[Shi]

Bond: 0%
Car: 0%

Age: 52

Well done ! That is my plan for when I reach 50 - still got more than 10 years to go.

 

[Rocket-Boy]

To clarify,
Bond 0% (paid off)
Car 0% (paid off)
Age: 35

 

[Penquin]

Bond 25%
Bike 15%

33

 

[curbs2012]

Bond 18%
Car 18%
32

 

[KingMikel]

Well done ! That is my plan for when I reach 50 - still got more than 10 years to go.

If I'm not mistaken, he lives with his parents - customary

 

[GreyBush]

Bond 11%
car 0%
32

 

[Alton Turner Blackwood]

Well done ! That is my plan for when I reach 50 - still got more than 10 years to go.

If I'm not mistaken, he lives with his parents - customary

Yup, I also remember him saying that

 

[bwana]

0%/0%

 

[^^vampire^^]

Bond: 15%
Car: 0%
Age: 27

 

[Lordpiet]

Rent 30%
Car-Bike 0%
Age 22

 

[Garson007]

Rent 20%
Car 40%

Both amounts are with blood relatives.

 

[MrR]

Bond & Home maintenance - 20-30%
This is my first property debt, which I purchased 2 years ago. Will be fully paid up in the next 11 years. No initial down payment/deposit. Before purchasing property, my monthly rental expense was at 30%, so made sense (at the time) to purchase.
Actual instalment is less than 30%, but majority of the time I commit the difference to make up 30% (pay off bond over shorter term), the other times I invest in upgrading/maintaining the house.

Vehicle payment, operation and maintenance - 9-17%
Also includes 2% that I put aside for maintenance costs and 2%-6% on fuel; purchased 20 months ago and should be fully paid up by December 2014.
I purchase a vehicle every 2 - 3 years, roughly R10-R30k more than trade in value of current vehicle (depending on deal/bargain). Actually found it difficult to obtain finance the last round as the debt amounted to 30% of the puchased car's book value. The financier (one of the big banks) at that time wanted me to settle the shortfall of R10k in cash and rather take out a personal loan to cover the residual debt... eventually came right with a different financier at the end.

Age - 29

 

[lholhos]

Bond is 11.5%(paying 50%, joint)
Car is 10.4
Age 28

 

[S1ght]

Currently:
Bond: 31%
Car: 0%

But as of next month changing that to:
Bond 40%
Car: 0%

Age: 25

 

[heartbroken]

Bond: 15%
Car: 12%
Age: 26

 

[hondaboysa]

Bond : 41%
Car : 5.98%
Age : 24

 

[hondaboysa]

Bond : 41%
Car : 5.98%
Age : 24

This is my own income not household

 

[sjm]

Bond ~14%
Car 0

Age 33

 

[SauRoNZA]

Maybe the people saying 0 should clarify.

Are they not paying a bond at all, as in they are renting and don't own property. Or have they finished paying a bond and now live in a property they own.

For that matter maybe put rental in as a percentage of income just like a bond, would be interesting as well.

 

[F1 Fan]

Maybe the people saying 0 should clarify.

Are they not paying a bond at all, as in they are renting and don't own property. Or have they finished paying a bond and now live in a property they own.

For that matter maybe put rental in as a percentage of income just like a bond, would be interesting as well.

Bond: 27%
Car: 0% - Paid up