Income Calculator

In accordance with the National Credit Act governing consumer ability to repay loan.
 
 
  Applicant 1 Applicant 2 Total  
Income  
Monthly Salary
  Monthly Repayment and RTI %
   
  Purchase Price
  Deposit
  Loan Amount
  Interest Rate (%)
  Loan Term (Years)
  Monthly Repayment
  RTI %
  NDI %
     
  Bond amount available based on 75% NDI
     
  Loan Amount
  Monthly Repayment
     
     
Commission
Housing Subsidy
Overtime
Car/Travel Allowance
Maintenance/Alimony
Dividend Income/Investment
Rental Income
Other
Total Gross Income
Deductions
Medical Aid
UIF
Pension
Other
Net Income
Expenses  
New Property/Rental
Existing Property: Bond Repaymeny (1) RTI = Ratio to Gross Income
(2) NDI = Nett Disposable Income
Vehicle Instalment (1)  
(2) Please Note: This calculator is to be used as a general guideline only. All home loan applications are treated individually on merit. Multinet Mortgages does not accept liability for any rejection of a homeloan application by any Institution.
Cellphone
Clothing (Cash/Retail Accounts eg. Edgars)
Credit Card Minimum Repayment
Domestic Wages
Education (Fees/Books/Accommodation)
Electricity & Water  
Entertainment (Incl. Mnet/DSTV/etc.)  
Food/Groceries/Liquor/Cigarettes  
Fuel/Vehicle Maintenance/Transport Cost  
Insurance (Short Term/Life)  
Levy/Rates & Taxes  
Maintenance/Alimony  
Medical Cost (Incl. Pharmacy)  
Other Loan Installments  
Repair and Maintenance Houshold  
Security (eg Armed Response)  
Telkom  
Vehicle Security (eg. Netstar)  
Other  
Total Expenses  
Nett Disposable Income (NDI)