Banded transfer duty
Transfer duty is zero up to R1 100 000, then steps through 3%, 6%, 8%, 11% and 13% bands. Not a flat percentage of the price.
Transfer and bond costs, itemised, off one purchase price.
Built for Gauteng estate agents working Sandton, Sandhurst, Bryanston, and beyond. Transfer Cost Calculator has no provincial version and nothing regional to switch on. Agents in Gauteng get the same screens and the same fields as agents anywhere else in South Africa. What changes is the stock you work, not the software.
From your agent website navbar choose Tools then Calculator, or open the Calculator section on a sale listing page.
Click the third tab, Bond & Transfer. It takes two figures, Total Amount (R) for the purchase and Bond Amount (R) for the loan.
Transfer Costs itemises transfer duty, transfer fees, the deeds office levy, postage and petties, rates clearance, pro rata rates and VAT. Bond Costs sits beside it.
Grand Total adds both column totals. Opened from a listing the purchase figure is already in, so there is nothing to retype before you quote.
Transfer duty is zero up to R1 100 000, then steps through 3%, 6%, 8%, 11% and 13% bands. Not a flat percentage of the price.
Transfer fees and bond fees come off fixed brackets, from R13 910 under R500 000 up to R84 785 at R10 000 000. VAT at 15% is charged on those fees and shown as its own Vat @ 15% line in each column.
Transfer Costs shows every item, down to Deeds Office Search at R140 and Electronic Document Preparation at R195, so the buyer sees what makes up the total.
Yes. Transfer Cost Calculator has no Gauteng version and no provincial setting to configure. An agency working Sandton, Sandhurst, Bryanston, and beyond gets the same screens, the same fields and the same defaults as an agency anywhere else in South Africa. The province is the context you bring to it: median Gauteng price is R1.55M, and the trend there is volume leader, modest growth.
Yes. Bond Costs is its own column: Fees, Deeds Office Levy, Postage and Petties, Bank Electronic Connection Fee and Vat @ 15%. There are no valuation, initiation or FICA lines.
The duty bands and fee brackets are hardcoded constants inside the calculator, so they only move when the app is rebuilt and redeployed. Transfer duty is currently zero rated up to R1 100 000.
Yes. The calculator is public on your agent website under Tools, Calculator, and it also loads on sale listing pages with the listing price already filled in. It makes no server call, so nothing is submitted and no lead is created.
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