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What home can you afford?

Repayments at prime, what they take of your income against the 30% guideline banks use, and the price range that keeps you comfortable, before you talk to a bank.

Your numbers
N$
N$
20%+ strengthens your application
N$
Household income before deductions
N$
Car, loans, cards: monthly commitments
%
Defaults to prime; adjust if your bank differs
Repayment / month
N$13,640
on a N$1,300,000 bond over 20 years
Action needed

Repayments would take 38.1% of your income, above the 30% guideline most Namibian banks apply. Reducing existing repayments first, or targeting a purchase price around N$1,153,056 (a bond of N$953,056 on your N$200,000 deposit), changes the picture.

Your bond vs the maximum you'd qualify for

Your bond amountN$1,300,000
Max affordable bondN$953,056
Purchase priceN$1,500,000
DepositN$200,000 (13.3%)
Bond amountN$1,300,000
Interest rate / year11.3% (prime)
Repayment / monthN$13,640
Share of income38.1%
Total interestN$1,973,679
Max affordable bondN$953,056
Max affordable priceN$1,153,056
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Assumptions as at 7 July 2026 · prime 11.25% · CPI 4.1% y/y · repayments at prime 11.25% · 30% debt-service guideline

These tools are illustrations for guidance only and are not personal financial advice. Projections use simplified, clearly-dated assumptions; actual returns, rates and costs will differ. Capital is not guaranteed: the value of investments and unit trusts can rise and fall, and you may get back less than you invested. Past performance is not indicative of future returns. Figures shown are not a projection of any specific IJG or Prescient IJG fund. Speak to IJG Client Services before making financial decisions.