When you sell a home in South Africa, a few costs come off the sale price before the money reaches you. Put in your numbers to see a realistic estimate of what lands in your pocket. Nothing is saved, and you don't have to give us your details.
What you think the home will sell for.
What you still owe the bank. Leave at 0 if the home is paid off.
Negotiable. 5% is a common starting point. VAT is added automatically.
Your estimate
You walk away with roughly
R 0
Before any capital gains tax. An estimate, not a quote.
This calculator uses the price you enter. For what your home would realistically sell for right now, based on recent sales in your street, request a free valuation.
As the seller you typically pay estate agent commission (negotiable, plus 15% VAT), the cost to cancel your existing bond, and compliance certificates such as electrical, plumbing and gas. You settle any outstanding home loan from the proceeds. The buyer pays transfer duty and conveyancing.
Commission is negotiable. A common range is around 5% to 7.5% of the sale price, plus 15% VAT. On a R2 million sale, 5% plus VAT works out to about R115,000.
No. Transfer duty and conveyancing fees are paid by the buyer. As the seller your main costs are commission, bond cancellation and compliance certificates.
Possibly, but a primary residence has a R2 million capital gain exclusion, so many homeowners pay none. It depends on your gain and whether the home was your primary residence. Check with a tax professional.