BondGallery Mobile Phone Application
The BondGallery Mobile app is designed for estate agents and anyone else to calculate an estimation on a home loan it also contains the following.
Affordability Calculator: Work out the home loan value you could qualify for based on your current gross income. The bank requires a clear credit record and generally allows you a loan on which the repayments are no more than 30% of your gross monthly income.
Bond Repayment Calculator: Before you start looking for a home, do a few calculations to establish your price range, your repayments and the once-off costs of the purchase. The home loan repayment calculator uses the simple criteria of calculating the Home Loan Amount and then the Loan Repayment Amount based on the criteria selected.
Bond and Transfer Cost Calculator: The purchase of property is levied by the government (transfer fees) and there are legal and admin costs for the registration of the home loan, most of which are due upfront, before transfer can take place. Use this calculator to work out what these costs are so you can have the funds available in time.
Please visit our website at www.bondgallery.co.za