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With the Old Mutual Home Loan, fulfilling the dream of owning your own property has never been easier!
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Affordability Calculator

Let’s see the amount you could qualify for

Gross Monthly Income refers to the income from each applicant on the home loan, added together
Proceeds from sale of existing home or any other cash contribution
The interest rate used in this calculation is indicative only, and your final interest rate may differ. All applicants are subject to a credit assessment.
Repayment Calculator

Find out how much your monthly instalment would be, based on the value of the home you'd like to purchase.

Proceeds from sale of existing home or any other cash contribution
Gross Monthly Income refers to the income from each applicant on the home loan, added together
How long you would like to pay
Majority household income type
This is the current total value of your SuperFund Pension Investment –and only applies should you wish your current pension savings to serve as additional collateral against your loan
Purchase price for the property
Switch Calculator

Let’s see the amount you could qualify for

The Cash out amount available is based on the equity in your property "equity" being the difference in the value of the property and the amount still owing to it. Cash out requests are subject to our credit criteria and valuation assessment.
Gross Monthly Income refers to the income from each applicant on the home loan, added together
This is the current total value of your SuperFund Pension Investment –and only applies should you wish your current pension savings to serve as additional collateral against your loan
Majority household income type
Any additional amount you can afford to pay in a month
Refinance Calculator

Let’s see the amount you could qualify for

What your property is currently valued at
Cash out is the amount you would like to refinance. This amount cannot exceed the value of the property. Cash out requests are subject to our credit criteria and valuation assessments.
How long you would like to pay
This is the current total value of your SuperFund Pension Investment –and only applies should you wish your current pension savings to serve as additional collateral against your loan
Gross Monthly Income refers to the income from each applicant on the home loan, added together
Additional Payment

See how much you could save on your total bond costs by paying extra into your home loan

The interest rate used in this calculation is indicative only, and your final interest rate may differ. All applicants are subject to a credit assessment.

Ancillary Financial Products

Protect your most valuable asset by ensuring you have bond protection and home insurance. We offer specialised and competitive insurance products facilitated by SAHL Investment Holdings (represented by SA Home Loans – FSP no:2428) that can be conveniently included into your home loan. Our FAIS Disclosure Notice can be accessed here

Bond Protection

Easy to afford life insurance that protects your home loan.

Learn More
Home Owner's Cover

Home Owner's Cover will cover you against loss or damage to your property.

Learn More

Home and Credit Insurance by SA Home Loans

Your home loan will only be paid out if you have an active home or life insurance policy. If you don’t, you can get the right cover for less. Allow SA Home Loans to protect your investment with a range of innovative and convenient products.

See an overview of the insurance products by SA Home Loans.

What is Interim Interest?

After your bond has been approved, Old Mutual applies for cancellation figures from your current lender. These figures are deduced by adding the loan amount outstanding + 3 month’s interest. We call this interim interest.

This interim provision is required by banks in order to safeguard themselves against a shortfall in the amount outstanding on registration with Old Mutual. On registration, we pay the full cancellation fees to your lender, who then refunds you with the interim interest in full, provided your account has been conducted normally.

What are these fees?

It’s important to understand the full cost implications of purchasing property. The estimated costs of buying a home include a number of once-off fees, many of which are legal or administrative costs, for which you need to be financially prepared.

Taxes and fees you can expect to pay when buying a property include:
Transfer duty

This is the government tax levied for transferring a property from a seller’s name to a buyer’s name. This fee is paid directly to a transferring attorney, who is then responsible for paying it across to the South African Revenue Services, on the buyer’s behalf, before the transfer of the property goes through. No property transfer will be recognised until this fee is paid to the state.

The transfer duty amount you’ll be expected to pay depends on the purchase price of the property. There’s no transfer duty paid on properties of R1.1 million or less, for example; different tax thresholds then apply to the transfer of properties of more than R1.1 million, calculated according to the price range of the property.

Conveyancing costs

Conveyancing attorneys are paid a fee for registering and transferring a title deed into a buyer’s name. This fee amount is determined on a sliding scale, based on the value of the property.

Bond registration

You can expect to pay a once-off fee to the Deeds Office for the legal registration of your home loan. This fee is a fixed amount based on the amount of your home loan and is paid to the Deeds Office before the registration of your bond. Your bond will have to be registered at the same time as the seller’s bond is cancelled and the transferred bond is registered with the Deeds Office.

Postage and sundries

The registering (bond) attorney will charge you a small fee for the postage of all necessary documents (i.e. to you, the Deeds Office, estate agent etc.) to register the property in your name.

Home loan initiation fees

There are some administrative setup fees involved in processing your home loan application. This amount is paid on registration of your bond and is often added to your outstanding home loan balance.

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