Smart Bond
Housing you can afford
What's hot
Support, knowledge + guidance
Getting started is easy
100% bond finance, no deposit required. Option of fixing the interest rate for a 5-year period
Housing developments
An opportunity to buy a house within a network of housing developments
Read moreMake sure you are covered
Ensures that the property is covered from the first day you take ownership
Read moreWhat it costs
Understand the costs involved
Property price
The bank may finance the total purchase price of your house (Ts & Cs apply).
Interest rate
Your interest rate will be determined by your individual credit risk profile
Monthly admin fee
R68. 40 incl.VAT
Initiation fee (once off)
R5 985 incl.VAT
Early termination fee
Without advance notice - up to 3 months interest will be charged
With advance notice - up to 3 months interest less period of settlement notice will be charged
Appyling made easy
Qualifying criteria
- Earning a minimum monthly income of R3 500 before deductions
- For joint applications, each applicant should not earn more than R25 000 before deductions
- South African citizen with a valid bar-coded ID document or smart ID card
- Formal/permanent employment with a minimum 12 months in current or previous employment
- Salary or wages paid into bank account by employer
- Bond repayment method will be deducted from your salary (if employer allows) or debit order
Documents needed
- Latest payslip*
- 3 months' bank statements (if not banking with with FNB)*
- Property details (duly signed Offer to Purchase)
*For joint application dual documents are required