Amortisation calculator

Use our amortisation calculator and see what percentage of your payment goes towards paying off your bond and what percentage goes towards interest when paying off your home loan in South Africa.

Total amount of loan

No. of months of loan

interest rate (%)

Fixed term (in months)

Fixed interest rate (%)

Total interest paid

Monthly bond repayment breakdown

No.	Payment Amount	Interest Amount	Capital Reduction	Balance Due
1	R 19,753,754	R 2,223,301	R 17,530,454	R 204,799,577
2	R 19,753,754	R 2,047,996	R 17,705,759	R 187,093,819
3	R 19,753,754	R 1,870,939	R 17,882,816	R 169,211,003
4	R 19,753,754	R 1,692,111	R 18,061,644	R 151,149,359
5	R 19,753,754	R 1,511,494	R 18,242,261	R 132,907,099
6	R 19,753,754	R 1,329,071	R 18,424,683	R 114,482,416
7	R 19,753,754	R 1,144,825	R 18,608,930	R 95,873,487
8	R 19,753,754	R 958,735	R 18,795,019	R 77,078,468
9	R 19,753,754	R 770,785	R 18,982,970	R 58,095,498
10	R 19,591,531	R 338,891	R 19,252,641	R 38,842,858
11	R 19,591,531	R 226,584	R 19,364,948	R 19,477,910
12	R 19,591,531	R 113,622	R 19,477,910	R 0

* Calculators available on this website are only intended to provide an indication of the amounts calculated. Since MortgageMarket has no control over the information and variables entered by a customer, figures generated by the calculators shall not be binding on MortgageMarket.

Let’s chat

If you need assistance with your application, need more information on our Up to R5000 in cashback guaranteed offer* or would like to provide feedback on your MortgageMarket experience, simply complete this form.

Alternatively, give us a call on 011 568 9212 and we will gladly assist you.

Name

Phone number

Email address

Let's chat about

Message (optional)

Our Service Speaks

We’re obsessed with providing our clients with a quality home loan service experience. Here’s what some of our recent clients had to say…

Rated excellent by our
customers

4.9

out of 5 stars

over R2 million paid in cashback
to customers and we’re just getting started.

See all reviews

Jan Van Der Merwe

Professionalism, Responsiveness

My experience with Mortgage Market was exceptional. Definitely worth contacting them if you need a bond approved. Special thanks to Brendon and Lorraine from Mortgage Market who assisted me.

Baxolile Mabinya

Fantastic experience with Mortgage Market. It was so easy to engage and I received a minus prime deal with one of the banks. Their knowledge and expertise about buying a home is reassuring in what would otherwise be a daunting task. Thanks Tim and the rest of the team!

Heleen Ehlers

I want to say thank you a hundred times for helping me make a dream come true. You guys stood by me from day one till after property were registered. You did everything so that I do not have to stress about paperwork. Thank s again. You are great.

Amu Shilubana

Professionalism, Quality, Responsiveness, Value

Thanks MortgateMarket for assisting me with my bond, most importantly thanks for giving me the power to choose the bank to work with. Best part of it is the reward I got.

Ian Southey

Professionalism, Responsiveness

I would like to thank MortgageMarket for the excellent service provided. They made our home loan application effortless while providing us with multiple offers allowing us to choose the best offer for us. I would definitely recommend utilizing their services and expert advise!

Oratile Moloko

Professionalism, Quality, Responsiveness

Mortgage Market made the home buying process so much easier. I didn't have to approach each bank individually because all the information I submitted was sent to the 4 major banks. The mortgage market portal was easy to use and an efficient way to communicate with the banks. I ended up getting a very good deal on my home loan. Many thanks to Mortgage Market!

Bongiwe Ntathu

Quality

Woooow!! This company is amazing. Thank you Ghouwa for the excellent service from the beginning of my application to the end. I highly recommend Mortgage Market.