SA bank · Default rate 11% (prime + 0.75%) · Updated May 2026

Standard Bank Bond Calculator

Work out your monthly Standard Bank home-loan repayment at Standard Bank's typical mid-market rate. The slider is pre-filled with 11% (prime + 0.75%) — adjust to model your own offer or compare scenarios. SA prime is 10.25% as of May 2026.

R 1 500 000

Purchase price of the property — what the deed of sale says.

R 150 000

10% of home price · 10–20% is the SA norm.

11.00%

Standard Bank typical offer ≈ 11% — Currently prime + 0.75% (SA prime is 10.25%, May 2026). Banks typically offer prime − 0.5% to prime + 1.5%.

20 years

20 years is the SA default. Longer term = lower monthly, far more interest paid over time.

Monthly bond repayment

R 13 935

on a R 1 350 000 bond over 20 years at 11.00%

Loan amount

R 1 350 000

R 1 500 000R 150 000 deposit

Total interest

R 1 994 290

148% of loan

Total repayment

R 3 344 290

over 240 months

Outstanding balance over time

R1.4mR675kR0Yr 1Yr 10Yr 20
Outstanding balance (year-end)Year 10: R1.0m remaining

Repayment uses the standard amortisation formula. Most SA bonds are variable-rate — your actual instalment will rise or fall when SARB changes the repo rate. This calculator does not include monthly bond admin fees (~R69/mo at most banks) or once-off bond initiation costs (~R6,000) — see the affordability calculator to find your maximum bond before you start house-hunting.

Written by Rand Tools Editorial Team
Updated 1 May 2026

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About The Standard Bank of South Africa

Standard Bank is the largest SA bank by assets and one of the four major home-loan originators. It writes a similar volume of bonds to FNB each quarter and historically dominates higher-end home loans (R3m+).

Standard Bank's MyHome offering targets first-time buyers earning under R26,000/month — it bundles a slightly relaxed affordability assessment with reduced bond-registration fees. If you fit that bracket, applying directly to Standard Bank is often the cheapest option.

What's specific to Standard Bank

  • MyHome programme targets first-time buyers earning under R26k/month.
  • Dedicated home-loan consultants for buyers above R3m bond size.
  • Free property valuation included in the application.
  • AccessBond facility lets you redraw extra capital payments interest-free.

Typical rate

11%

prime + 0.75%

Typical range

9.7511.75%

By profile

Provider type

SA bank

Big four / retail bank

Standard Bank bond costs at a glance

Four worked examples at Standard Bank's typical 11% rate over a 20-year term. Type the same numbers into the calculator above to verify or change the term.

R1m home, 10% deposit

11% over 20 years

Loan amountR 900 000
Total interestR 1 329 527
MonthlyR 9 290

R1.5m home, 10% deposit

11% over 20 years

Loan amountR 1 350 000
Total interestR 1 994 290
MonthlyR 13 935

R2m home, 10% deposit

11% over 20 years

Loan amountR 1 800 000
Total interestR 2 659 054
MonthlyR 18 579

R2.5m home, 20% deposit

11% over 20 years

Loan amountR 2 000 000
Total interestR 2 954 504
MonthlyR 20 644

Standard Bank home loans — frequently asked questions

What rate does Standard Bank charge for home loans?

Standard Bank's mid-market offer to an average buyer with a 10% deposit and stable income is typically prime + 0.5% to prime + 1.0% (10.75–11.25% at today's 10.25% prime). Top-tier applicants — high income, 20%+ deposit, existing Standard Bank private banking — can negotiate down to prime − 0.5% or better. The calculator defaults to prime + 0.75% (11.00%), which mirrors what bond-originator data shows as the modal Standard Bank offer in 2025.

What is Standard Bank's MyHome home loan?

MyHome is Standard Bank's first-time-buyer programme for applicants earning gross monthly income under R26,000 (limit current as of 2024–2026). Benefits: reduced or waived bond-registration fees, a slightly relaxed affordability assessment, and access to free home-buying education modules. The interest rate is generally in line with what other first-time buyers get (around prime + 1%), but the once-off cost saving is meaningful — typically R5,000–R10,000 lower at registration.

Can I get pre-approval from Standard Bank?

Yes, free pre-approval via the Standard Bank app or website. Pre-approval is valid for 90 days and gives you an indicative rate plus an affordability ceiling. Sellers in 2025–2026 increasingly ask buyers for pre-approval before accepting offers, so getting one before house-hunting is no longer optional in most metros.

Does Standard Bank do 105% home loans?

Yes, Standard Bank offers '105% bonds' — where the bank lends 100% of the home price plus an additional 5% to cover bond and transfer costs. Available to qualifying applicants, mostly first-time buyers. The rate is typically 0.5–1.0% higher than a 100% bond would be, because the bank is exposed to negative equity from day one. Worth using only if you genuinely cannot save the once-off costs separately.

How does Standard Bank's AccessBond work?

AccessBond is the equivalent of FNB's flexi-bond facility. Any extra capital you pay into your bond beyond the required monthly instalment can be withdrawn later interest-free — the money sits against your bond balance reducing interest, but remains accessible. Best used as your emergency fund: bond rates (~11%) far exceed savings-account rates (~7%), so parking emergency money in the bond saves more than it earns elsewhere.

Sources: Default rate of 11% reflects Standard Bank's typical mid-market offer based on Ooba and BetterBond quarterly home-loan statistics through 2024–2025. SA prime rate (10.25%) and repo rate (6.75%) sourced from SARB. Calculator uses the standard amortisation formula. Standard Bank does not publish home-loan margins; every offer is individualised. This page is informational only — get a real quote from Standard Bank or a bond originator before making any decision. Not financial advice.