WHAT WILL I PAY PER MONTH?

 

A. RENTAL DEPOSIT

A once off rental deposit of 1 – 3 months rental, depending on your credit profile.

B. RENTAL DURING THE OPTION PERIOD

As example: On a purchase price and loan of R1 000 000, 00 calculated at 10% repayment per month over a 20-year repayment period, per month:

  • Rental                                             R9 650.00
  • Rates and taxes                            R500.00
  • Levies                                             R300.00


Total                                                    R10 450.00
Plus
* r2b rental insurance premium
@ 2, 5 % of rental x R10 450.00              R261.25

* r2b insurance administration fee           R50.00

TOTAL                                                   R10 761.25