With the Reserve banks announcement of a further drop in the interest rate of .25 basis points to 7%, it is great news for new home buyers. This gives a lot of people the opportunity to enter the property market.
Below tables indicates what a buyer can expect when looking at purchasing property, and in which price bracket a buyer will fall based on affordability. We strongly recommend that buyers do a pre qualification through our business partner OOBA in order to determine what they qualify for. This will create a streamlined process when viewing your dream home. For further information on how to benefit out of these interest rates, call one of our property professionals today!
![](http://reallysa.co.za/wp-content/uploads/2020/08/Seeff-Income-qualification-1024x722.jpg)
If you want to receive the full income qualification and repayments table, whatsapp me on
082 447 1512