How SA Bond Repayments Changed (2016–2026)
The swing on a R1 000 000 bond over 20 years
Modelled at prime (SARB), the monthly repayment moved from about R 7 753 at the July 2020 low (prime 7%) to about R 10 837 at the May 2023 peak (prime 11.75%). At today's 10.5% it is about R 9 984 — your actual rate depends on your bank and credit profile.
R
Lowest (Jul 2020, 7%)
R 7 753/mo
Highest (May 2023, 11.75%)
R 10 837/mo
Today (10.5%)
R 9 984/mo
Monthly repayment at each prime-rate change
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Modelled at prime as a neutral reference — actual rates are set per borrower. Source: SARB MPC decisions (see prime rate history).
Frequently Asked Questions
This is an estimate only, not financial or tax advice, and we are not a financial services provider (FSP). Your actual figures depend on your lender or provider, and your personal circumstances. Historical repayments are modelled at the prime rate (plus a fixed margin for vehicles) as a neutral reference; no individual's actual rate is claimed.