295 Pietermaritz Street Postal: P.O.Box 33 Telephone: Pietermaritzburg Pietermaritzburg (033) 8450 500 3201 3200 Fax: 3428840 Comm./Conv.) South Africa Fax: 3948145 (Litigation) Docex 20 Fax: 3428863 Agency.Conv.) www.stowell.co.za
[email protected] Fax: 3454519 (Bonds) (Proprietor: Stowell & Co Incorporated, No. 96/06895/21) CONVEYANCING DIRECTORS::
BRIAN LAMBERT KURZ Commercial Conveyancing ADRIAN WALTER STOWELL Agency Conveyancing RODNEY JOHN TROTTER Sectional Title Local Conveyancing NEIL BAILEY PAINTER Local Conveyancing Mortgage Bonds HUGH RUPERT EDWARDES Local Conveyancing Agency Conveyancing Inter-Provincial Conveyancing Low-Cost Housing MACDONALD LENKA CHITJA Agency Conveyancing Local Conveyancing Township Developments
TABLES FOR CALCULATION OF PURCHASER'S COST WITH EFFECT FROM 1ST SEPTEMBER 2010 (These calculations are approximations and for the guidance of the Purchaser only)
TRANSFER COSTS Price/ Value
30 000.00 35 000.00 40 000.00 45 000.00 45 001.00 50 000.00 55 000.00 60 000.00 65 000.00 70 000.00 70 001.00 75 000.00 80 000.00 80 001.00 85 000.00 90 000.00 95 000.00 100 000.00 100 001.00 110 000.00 120 000.00 125 000.00 125 001.00 130 000.00 140 000.00 150 000.00 151 001.00 160 000.00 170 000.00 175 000.00 175 001.00 180 000.00 190 000.00 200 000.00 200 001.00 210 000.00 220 000.00 230 000.00 240 000.00 250 000.00 250 001.00 260 000.00 270 000.00 280 000.00 290 000.00 300 000.00 300 001.00 310 000.00 320 000.00
Tfr Fee
3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 200.00 3 400.00 3 400.00 3 400.00 3 650.00 3 650.00 3 750.00 3 750.00 3 750.00 3 750.00 3 900.00 3 900.00 3 900.00 3 900.00 4 200.00 4 200.00 4 200.00 4 200.00 4 400.00 4 400.00 4 400.00 4 400.00 4 800.00 4 800.00 4 800.00 4 800.00 4 800.00 4 800.00 5 500.00 5 500.00 5 500.00 5 500.00 5 500.00 5 500.00 5 900.00 5 900.00 5 900.00
V.A.T. @ 14%
448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 448.00 476.00 476.00 476.00 511.00 511.00 525.00 525.00 525.00 525.00 546.00 546.00 546.00 546.00 588.00 588.00 588.00 588.00 616.00 616.00 616.00 616.00 672.00 672.00 672.00 672.00 672.00 672.00 770.00 770.00 770.00 770.00 770.00 770.00 826.00 826.00 826.00
Deeds Office Tax 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 450.00 450.00 450.00
Natural-Person Transfer Total Duty 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 718.00 3 946.00 3 946.00 3 946.00 4 231.00 4 231.00 4 345.00 4 345.00 4 345.00 4 345.00 4 516.00 4 516.00 4 516.00 4 516.00 5 138.00 5 138.00 5 138.00 5 138.00 5 366.00 5 366.00 5 366.00 5 366.00 5 822.00 5 822.00 5 822.00 5 822.00 5 822.00 5 822.00 6 620.00 6 620.00 6 620.00 6 620.00 6 620.00 6 620.00 7 176.00 7 176.00 7 176.00
BOND COSTS Legal-Person Transfer Total Duty 2 400.00 2 800.00 3 200.00 3 600.00 3 600.00 4 000.00 4 400.00 4 800.00 5 200.00 5 600.00 5 600.00 6 000.00 6 400.00 6 400.00 6 800.00 7 200.00 7 600.00 8 000.00 8 000.00 8 800.00 9 600.00 10 000.00 10 000.00 10 400.00 11 200.00 12 000.00 12 080.00 12 800.00 13 600.00 14 000.00 14 000.00 14 400.00 15 200.00 16 000.00 16 000.00 16 800.00 17 600.00 18 400.00 19 200.00 20 000.00 20 000.00 20 800.00 21 600.00 22 400.00 23 200.00 24 000.00 24 000.00 24 800.00 25 600.00
6 118.00 6 518.00 6 918.00 7 318.00 7 318.00 7 718.00 8 118.00 8 518.00 8 918.00 9 318.00 9 818.00 9 718.00 10 118.00 10 346.00 10 746.00 11 146.00 11 831.00 12 231.00 12 345.00 13 145.00 13 945.00 14 345.00 14 516.00 14 916.00 15 716.00 16 516.00 17 218.00 17 938.00 18 738.00 19 138.00 19 366.00 19 766.00 20 566.00 21 366.00 21 722.00 22 622.00 23 422.00 24 222.00 25 022.00 25 822.00 26 620.00 27 620.00 28 220.00 29 020.00 29 820.00 30 620.00 31 176.00 31 976.00 32 776.00
Bond Fees 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 500.00 2 600.00 2 600.00 2 600.00 2 600.00 2 700.00 2 700.00 2 700.00 2 700.00 2 900.00 2 900.00 2 900.00 2 900.00 3 000.00 3 000.00 3 000.00 3 000.00 3 300.00 3 300.00 3 300.00 3 300.00 3 300.00 3 300.00 3 700.00 3 700.00 3 700.00 3 700.00 3 700.00 3 700.00 4 100.00 4 100.00 4 100.00
V.A.T. @14% 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 364.00 364.00 364.00 364.00 378.00 378.00 378.00 378.00 406.00 406.00 406.00 406.00 420.00 420.00 420.00 420.00 462.00 462.00 462.00 462.00 462.00 462.00 518.00 518.00 518.00 518.00 518.00 518.00 574.00 574.00 574.00
Deeds Office Tax 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 310.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 350.00 450.00 450.00 450.00
Total 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 160.00 3 274.00 3 274.00 3 274.00 3 274.00 3 388.00 3 388.00 3 388.00 3 388.00 3 656.00 3 656.00 3 656.00 3 656.00 3 770.00 3 770.00 3 770.00 3 770.00 4 112.00 4 112.00 4 112.00 4 112.00 4 112.00 4 112.00 4 568.00 4 568.00 4 568.00 4 568.00 4 568.00 4 568.00 5 124.00 5 124.00 5 124.00
TRANSFER NOTES: Transfer Duty with respect to natural persons is: No transfer Duty up to R500 000.00, whether improved or unimproved land, 5% thereafter up to the sum of R1 000 000.00 and 8% over R1 000 000.00. With respect to Trusts and legal persons Transfer Duty is calculated at the rate of 8%. The Purchaser and Seller are each liable for a pro-rata share of the annual rates over and above the conveyancing costs. Postages and petties and FICA compliance are an additional cost. BOND NOTES: Please note that the Financial Institutions include their own Administration and Initiation costs which must be added to the Bond costs. Postages and petties are an additional cost NB: For further details/ information regarding these tables contact: EDDIE ROHRS : 082-801 8909
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TABLES FOR CALCULATION OF PURCHASER'S COST WITH EFFECT FROM 1ST SEPTEMBER 2010 (These calculations are approximations and for the guidance of the Purchaser only)
TRANSFER COSTS FcPrice/ Value 330 000.00 340 000.00 350 000.00 350 001.00 360 000.00 370 000.00 380 000.00 390 000.00 400 000.00 400 001.00 410 000.00 420 000.00 430 000.00 440 000.00 450 000.00 450 001.00 460 000.00 470 000.00 480 000.00 490 000.00 500 000.00 500 001.00 525 000.00 550 000.00 575 000.00 600 000.00 600 001.00 625 000.00 650 000.00 675 000.00 700 000.00 700 001.00 725 000.00 750 000.00 775 000.00 800 000.00 800 001.00 825 000.00 850 000.00 875 000.00 900 000.00 900 001.00 925 000.00 950 000.00 975 000.00 1 000 000.00 1 010 000.00 1 020 000.00 1 030 000.00 1 040 000.00 1 050 000.00 1 060 000.00 1 070 000.00 1 080 000.00 1 090 000.00 1 100 000.00 1 110 000.00
Trf Fee
V.A.T. @ 14%
5 900.00 5 900.00 5 900.00 6 400.00 6 400.00 6 400.00 6 400.00 6 400.00 6 400.00 6 900.00 6 900.00 6 900.00 6 900.00 6 900.00 6 900.00 7 500.00 7 500.00 7 500.00 7 500.00 7 500.00 7 500.00 8 500.00 8 500.00 8 500.00 8 500.00 8 500.00 9 500.00 9 500.00 9 500.00 9 500.00 9 500.00 10 500.00 10 500.00 10 500.00 10 500.00 10 500.00 11 500.00 11 500.00 11 500.00 11 500.00 11 500.00 12 500.00 12 500.00 12 500.00 12 500.00 12 500.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 500.00
826.00 826.00 826.00 896.00 896.00 896.00 896.00 896.00 896.00 966.00 966.00 966.00 966.00 966.00 966.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 190.00 1 190.00 1 190.00 1 190.00 1 190.00 1 330.00 1 330.00 1 330.00 1 330.00 1 330.00 1 470.00 1 470.00 1 470.00 1 470.00 1 470.00 1 610.00 1 610.00 1 610.00 1 610.00 1 610.00 1 750.00 1 750.00 1 750.00 1 750.00 1 750.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 890.00
Deeds Office Tax 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00
Natural-Person Transfer Total Duty 7 176.00 7 176.00 7 176.00 7 746.00 7 746.00 7 746.00 7 746.00 7 746.00 7 746.00 8 316.00 8 316.00 8 316.00 8 316.00 8 316.00 8 316.00 9 000.00 9 000.00 9 000.00 9 000.00 9 000.00 9 000.00 10 240.00 1 250.00 11 490.00 2 500.00 12 740.00 3 750.00 13 990.00 5 000.00 15 240.00 5 000.00 16 380.00 6 250.00 17 630.00 7 500.00 18 880.00 8 750.00 20 130.00 10 000.00 21 380.00 10 000.00 22 520.00 11 250.00 23 770.00 12 500.00 25 020.00 13 750.00 26 270.00 15 000.00 27 520.00 15 000.00 28 660.00 16 250.00 29 910.00 17 500.00 31 160.00 18 750.00 32 410.00 20 000.00 33 660.00 20 000.00 34 800.00 21 250.00 36 050.00 22 500.00 37 300.00 23 750.00 38 550.00 25 000.00 39 800.00 25 800.00 41 270.00 26 600.00 42 070.00 27 400.00 42 870.00 28 200.00 43 670.00 29 000.00 44 470.00 29 800.00 45 270.00 30 600.00 46 070.00 31 400.00 46 870.00 32 200.00 47 670.00 33 000.00 48 470.00 33 800.00 49 840.00
BOND COSTS Legal-Person Transfer Total Duty 26 400.00 33 576.00 27 200.00 34 376.00 28 000.00 35 176.00 28 000.00 35 746.00 28 800.00 36 546.00 29 600.00 37 346.00 30 400.00 38 146.00 31 200.00 38 946.00 32 000.00 39 746.00 32 000.00 40 316.00 32 800.00 41 116.00 33 600.00 41 916.00 34 400.00 42 716.00 35 200.00 43 516.00 36 000.00 44 316.00 36 000.00 45 000.00 36 800.00 45 800.00 37 600.00 46 600.00 38 400.00 47 400.00 39 200.00 48 200.00 40 000.00 49 000.00 40 000.00 50 240.00 42 000.00 52 240.00 44 000.00 54 240.00 46 000.00 56 240.00 48 000.00 58 240.00 48 000.00 59 380.00 50 000.00 61 380.00 52 000.00 63 380.00 54 000.00 65 380.00 56 000.00 67 380.00 56 000.00 68 520.00 58 000.00 70 520.00 60 000.00 72 520.00 62 000.00 74 520.00 64 000.00 76 520.00 64 000.00 77 660.00 66 000.00 79 660.00 68 000.00 81 660.00 70 000.00 83 660.00 72 000.00 85 660.00 72 000.00 86 800.00 74 000.00 88 800.00 76 000.00 90 800.00 78 000.00 92 800.00 80 000.00 94 800.00 80 800.00 96 270.00 81 600.00 97 070.00 82 400.00 97 870.00 83 200.00 98 670.00 84 000.00 99 470.00 84 800.00 100 270.00 85 600.00 101 070.00 86 400.00 101 870.00 87 200.00 102 670.00 88 000.00 103 470.00 88 800.00 104 840.00
Bond Fees
V.A.T. @ 14%
4 100.00 4 100.00 4 100.00 4 600.00 4 600.00 4 600.00 4 600.00 4 600.00 4 600.00 5 000.00 5 000.00 5 000.00 5 000.00 5 000.00 5 000.00 5 400.00 5 400.00 5 400.00 5 400.00 5 400.00 5 400.00 6 200.00 6 200.00 6 200.00 6 200.00 6 200.00 7 000.00 7 000.00 7 000.00 7 000.00 7 000.00 7 800.00 7 800.00 7 800.00 7 800.00 7 800.00 8 600.00 8 600.00 8 600.00 8 600.00 8 600.00 9 400.00 9 400.00 9 400.00 9 400.00 9 400.00 9 800.00 9 800.00 9 800.00 9 800.00 9 800.00 9 800.00 9 800.00 9 800.00 9 800.00 9 800.00 10 200.00
574.00 574.00 574.00 644.00 644.00 644.00 644.00 644.00 644.00 700.00 700.00 700.00 700.00 700.00 700.00 756.00 756.00 756.00 756.00 756.00 756.00 868.00 868.00 868.00 868.00 868.00 980.00 980.00 980.00 980.00 980.00 1 092.00 1 092.00 1 092.00 1 092.00 1 092.00 1 204.00 1 204.00 1 204.00 1 204.00 1 204.00 1 316.00 1 316.00 1 316.00 1 316.00 1 316.00 1 372.00 1 372.00 1 372.00 1 372.00 1 372.00 1 372.00 1 372.00 1 372.00 1 372.00 1 372.00 1 428.00
Deeds Office Tax 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 450.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 550.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00
Total 5 124.00 5 124.00 5 124.00 5 694.00 5 694.00 5 694.00 5 694.00 5 694.00 5 694.00 6 150.00 6 150.00 6 150.00 6 150.00 6 150.00 6 150.00 6 606.00 6 606.00 6 606.00 6 606.00 6 606.00 6 606.00 7 618.00 7 618.00 7 618.00 7 618.00 7 618.00 8 530.00 8 530.00 8 530.00 8 530.00 8 530.00 9 442.00 9 442.00 9 442.00 9 442.00 9 442.00 10 354.00 10 354.00 10 354.00 10 354.00 10 354.00 11 266.00 11 266.00 11 266.00 11 266.00 11 266.00 11 872.00 11 872.00 11 872.00 11 872.00 11 872.00 11 872.00 11 872.00 11 872.00 11 872.00 11 872.00 12 328.00
TRANSFER NOTES: Transfer Duty with respect to natural persons is: No transfer Duty up to R500 000.00, whether improved or unimproved land, 5% thereafter up to the sum of R1 000 000.00 and 8% over R1 000 000.00. With respect to Trusts and legal persons Transfer Duty is calculated at the rate of 8%. The Purchaser and Seller are each liable for a pro-rata share of the annual rates over and above the conveyancing costs. Postages and petties and FICA compliance are an additional cost. BOND NOTES: Please note that the Financial Institutions include their own Administration and Initiation costs which must be added to the Bond costs. Postages and petties are an additional cost NB: For further details/ information regarding these tables contact: EDDIE ROHRS : 082-801 8909
2 of 4 pages
TABLES FOR CALCULATION OF PURCHASER'S COST WITH EFFECT FROM 1ST SEPTEMBER 2010 (These calculations are approximations and for the guidance of the Purchaser only)
TRANSFER COST S FcPrice/ Value
Trf Fee
V.A.T. @ 14%
1 120 000.00 1 130 000.00 1 140 000.00 1 150 000.00 1 160 000.00 1 170 000.00 1 180 000.00 1 190 000.00 1 200 000.00 1 210 000.00 1 220 000.00 1 230 000.00 1 240 000.00 1 250 000.00 1 260 000.00 1 270 000.00 1 280 000.00 1 290 000.00 1 300 000.00 1 310 000.00 1 320 000.00 1 330 000.00 1 340 000.00 1 350 000.00 1 360 000.00 1 370 000.00 1 380 000.00 1 390 000.00 1 400 000.00 1 410 000.00 1 420 000.00 1 430 000.00 1 440 000.00 1 450 000.00 1 460 000.00 1 470 000.00 1 480 000.00 1 490 000.00 1 500 000.00 1 510 000.00 1 520 000.00 1 530 000.00 1 540 000.00 1 550 000.00 1 560 000.00 1 570 000.00 1 580 000.00 1 590 000.00 1 600 000.00 1 610 000.00 1 620 000.00 1 630 000.00 1 640 000.00 1 650 000.00 1 660 000.00
13 500.00 13 500.00 13 500.00 13 500.00 13 500.00 13 500.00 13 500.00 13 500.00 13 500.00 14 000.00 14 000.00 14 000.00 14 000.00 14 000.00 14 000.00 14 000.00 14 000.00 14 000.00 14 000.00 14 500.00 14 500.00 14 500.00 14 500.00 14 500.00 14 500.00 14 500.00 14 500.00 14 500.00 14 500.00 15 000.00 15 000.00 15 000.00 15 000.00 15 000.00 15 000.00 15 000.00 15 000.00 15 000.00 15 000.00 15 500.00 15 500.00 15 500.00 15 500.00 15 500.00 15 500.00 15 500.00 15 500.00 15 500.00 15 500.00 16 000.00 16 000.00 16 000.00 16 000.00 16 000.00 16 000.00
1 890.00 1 890.00 1 890.00 1 890.00 1 890.00 1 890.00 1 890.00 1 890.00 1 890.00 1 960.00 1 960.00 1 960.00 1 960.00 1 960.00 1 960.00 1 960.00 1 960.00 1 960.00 1 960.00 2 030.00 2 030.00 2 030.00 2 030.00 2 030.00 2 030.00 2 030.00 2 030.00 2 030.00 2 030.00 2 100.00 2 100.00 2 100.00 2 100.00 2 100.00 2 100.00 2 100.00 2 100.00 2 100.00 2 100.00 2 170.00 2 170.00 2 170.00 2 170.00 2 170.00 2 170.00 2 170.00 2 170.00 2 170.00 2 170.00 2 240.00 2 240.00 2 240.00 2 240.00 2 240.00 2 240.00
Deeds Office Tax 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00
Natural-Person Transfer Total Duty 34 600.00 50 640.00 35 400.00 51 440.00 36 200.00 52 240.00 37 000.00 53 040.00 37 800.00 53 840.00 38 600.00 54 640.00 39 400.00 55 440.00 40 200.00 56 240.00 41 000.00 57 040.00 41 800.00 58 410.00 42 600.00 59 210.00 43 400.00 60 900.00 44 200.00 60 810.00 45 000.00 61 610.00 45 800.00 62 410.00 46 600.00 63 210.00 47 400.00 64 010.00 48 200.00 64 810.00 49 000.00 65 610.00 49 800.00 66 980.00 50 600.00 67 780.00 51 400.00 68 580.00 52 200.00 69 380.00 53 000.00 70 180.00 53 800.00 70 980.00 54 600.00 71 780.00 55 400.00 72 580.00 56 200.00 73 380.00 57 000.00 74 180.00 57 800.00 75 550.00 58 600.00 76 350.00 59 400.00 77 150.00 60 200.00 77 950.00 61 000.00 78 750.00 61 800.00 79 550.00 62 600.00 80 350.00 63 400.00 81 150.00 64 200.00 81 950.00 65 000.00 82 750.00 65 800.00 84 120.00 66 600.00 84 920.00 67 400.00 85 720.00 68 200.00 86 520.00 69 000.00 87 320.00 69 800.00 88 120.00 70 600.00 88 920.00 71 400.00 89 720.00 72 200.00 90 520.00 73 000.00 91 320.00 73 800.00 92 690.00 74 600.00 93 490.00 75 400.00 94 290.00 76 200.00 95 090.00 77 000.00 95 890.00 77 800.00 96 690.00
BOND COSTS Legal-Person Transfer Total Duty 89 600.00 105 640.00 90 400.00 106 440.00 91 200.00 107 240.00 92 000.00 108 040.00 92 800.00 108 840.00 93 600.00 109 640.00 94 400.00 110 440.00 95 200.00 111 240.00 96 000.00 112 040.00 96 800.00 113 410.00 97 600.00 114 210.00 98 400.00 115 010.00 99 200.00 115 810.00 100 000.00 116 610.00 100 800.00 117 410.00 101 600.00 118 210.00 102 400.00 119 010.00 103 200.00 119 810.00 104 000.00 120 610.00 104 800.00 121 980.00 105 600.00 122 780.00 106 400.00 123 580.00 107 200.00 124 380.00 108 000.00 125 180.00 108 800.00 125 980.00 109 600.00 126 780.00 110 400.00 127 580.00 111 200.00 128 380.00 112 000.00 129 180.00 112 800.00 130 550.00 113 600.00 131 350.00 114 400.00 132 150.00 115 200.00 132 950.00 116 000.00 133 750.00 116 800.00 134 550.00 117 600.00 135 350.00 118 400.00 136 150.00 119 200.00 136 950.00 120 000.00 137 750.00 120 800.00 139 120.00 121 600.00 139 920.00 122 400.00 140 720.00 123 200.00 141 520.00 124 000.00 142 320.00 124 800.00 143 120.00 125 600.00 143 920.00 126 400.00 144 720.00 127 200.00 145 520.00 128 000.00 146 320.00 128 800.00 147 690.00 129 600.00 148 490.00 130 400.00 149 290.00 131 200.00 150 090.00 132 000.00 150 890.00 132 800.00 151 690.00
Bond Fees
V.A.T. @ 14%
10 200.00 10 200.00 10 200.00 10 200.00 10 200.00 10 200.00 10 200.00 10 200.00 10 200.00 10 600.00 10 600.00 10 600.00 10 600.00 10 600.00 10 600.00 10 600.00 10 600.00 10 600.00 10 600.00 11 000.00 11 000.00 11 000.00 11 000.00 11 000.00 11 000.00 11 000.00 11 000.00 11 000.00 11 000.00 11 400.00 11 400.00 11 400.00 11 400.00 11 400.00 11 400.00 11 400.00 11 400.00 11 400.00 11 400.00 11 800.00 11 800.00 11 800.00 11 800.00 11 800.00 11 800.00 11 800.00 11 800.00 11 800.00 11 800.00 12 200.00 12 200.00 12 200.00 12 200.00 12 200.00 12 200.00
1 428.00 1 428.00 1 428.00 1 428.00 1 428.00 1 428.00 1 428.00 1 428.00 1 428.00 1 484.00 1 484.00 1 484.00 1 484.00 1 484.00 1 484.00 1 484.00 1 484.00 1 484.00 1 484.00 1 540.00 1 540.00 1 540.00 1 540.00 1 540.00 1 540.00 1 540.00 1 540.00 1 540.00 1 540.00 1 596.00 1 596.00 1 596.00 1 596.00 1 596.00 1 596.00 1 596.00 1 596.00 1 596.00 1 596.00 1 652.00 1 652.00 1 652.00 1 652.00 1 652.00 1 652.00 1 652.00 1 652.00 1 652.00 1 652.00 1 708.00 1 708.00 1 708.00 1 708.00 1 708.00 1 708.00
Deeds Office Tax 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00
Total 12 328.00 12 328.00 12 328.00 12 328.00 12 328.00 12 328.00 12 328.00 12 328.00 12 328.00 12 784.00 12 784.00 12 784.00 12 784.00 12 784.00 12 784.00 12 784.00 12 784.00 12 784.00 12 784.00 13 240.00 13 240.00 13 240.00 13 240.00 13 240.00 13 240.00 13 240.00 13 240.00 13 240.00 13 240.00 13 696.00 13 696.00 13 696.00 13 696.00 13 696.00 13 696.00 13 696.00 13 696.00 13 696.00 13 696.00 14 152.00 14 152.00 14 152.00 14 152.00 14 152.00 14 152.00 14 152.00 14 152.00 14 152.00 14 152.00 14 608.00 14 608.00 14 608.00 14 608.00 14 608.00 14 608.00
TRANSFER NOTES: Transfer Duty with respect to natural persons is: No transfer Duty up to R500 000.00, whether improved or unimproved land, 5% thereafter up to the sum of R1 000 000.00 and 8% over R1 000 000.00. With respect to Trusts and legal persons Transfer Duty is calculated at the rate of 8%. The Purchaser and Seller are each liable for a pro-rata share of the annual rates over and above the conveyancing costs. Postages and petties are an additional cost BOND NOTES: Please note that the Financial Institutions include their own Administration and Initiation costs which must be added to the Bond costs. Postages and petties and FICA compliance are an additional cost. NB: For further details/ information regarding these tables contact: EDDIE ROHRS : 082-801 8909
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TABLES FOR CALCULATION OF PURCHASER'S COST WITH EFFECT FROM 1ST SEPTEMBER 2010 (These calculations are approximations and for the guidance of the Purchaser only)
TRANSFER COSTS FcPrice/ Value
Trf Fee
V.A.T. @ 14%
1 670 000.00 1 680 000.00 1 690 000.00 1 700 000.00 1 710 000.00 1 720 000.00 1 730 000.00 1 740 000.00 1 750 000.00 1 760 000.00 1 770 000.00 1 780 000.00 1 790 000.00 1 800 000.00 1 810 000.00 1 820 000.00 1 830 000.00 1 840 000.00 1 850 000.00 1 860 000.00 1 870 000.00 1 880 000.00 1 890 000.00 1 900 000.00 1 910 000.00 1 920 000.00 1 930 000.00 1 940 000.00 1 950 000.00 1 960 000.00 1 970 000.00 1 980 000.00 1 990 000.00 2 000 000.00 2 100 000.00 2 200 000.00 2 300 000.00 2 400 000.00 2 500 000.00 2 600 000.00 2 700 000.00 2 800 000.00 2 900 000.00 3 000 000.00 3 100 000.00 3 200 000.00 3 300 000.00 3 400 000.00 3 500 000.00 3 600 000.00 3 700 000.00 3 800 000.00 3 900 000.00 4 000 000.00
16 000.00 16 000.00 16 000.00 16 000.00 16 500.00 16 500.00 16 500.00 16 500.00 16 500.00 16 500.00 16 500.00 16 500.00 16 500.00 16 500.00 17 000.00 17 000.00 17 000.00 17 000.00 17 000.00 17 000.00 17 000.00 17 000.00 17 000.00 17 000.00 17 500.00 17 500.00 17 500.00 17 500.00 17 500.00 17 500.00 17 500.00 17 500.00 17 500.00 17 500.00 18 000.00 18 500.00 19 000.00 19 500.00 20 000.00 20 500.00 21 000.00 21 500.00 22 000.00 22 500.00 23 000.00 23 500.00 24 000.00 24 500.00 25 000.00 25 500.00 26 000.00 26 500.00 27 000.00 27 500.00
2 240.00 2 240.00 2 240.00 2 240.00 2 310.00 2 310.00 2 310.00 2 310.00 2 310.00 2 310.00 2 310.00 2 310.00 2 310.00 2 310.00 2 380.00 2 380.00 2 380.00 2 380.00 2 380.00 2 380.00 2 380.00 2 380.00 2 380.00 2 380.00 2 450.00 2 450.00 2 450.00 2 450.00 2 450.00 2 450.00 2 450.00 2 450.00 2 450.00 2 450.00 2 520.00 2 590.00 2 660.00 2 730.00 2 800.00 2 870.00 2 940.00 3 010.00 3 080.00 3 150.00 3 220.00 3 290.00 3 360.00 3 430.00 3 500.00 3 570.00 3 640.00 3 710.00 3 780.00 3 850.00
Deeds Office Tax 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 650.00 850.00 850.00 850.00 850.00 850.00 850.00 850.00 850.00 850.00 850.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00
Natural-Person Transfer Total Duty 78 600.00 97 490.00 79 400.00 98 290.00 80 200.00 99 090.00 81 000.00 99 890.00 81 800.00 101 260.00 82 600.00 102 060.00 83 400.00 102 860.00 84 200.00 103 660.00 85 000.00 104 460.00 85 800.00 105 260.00 86 600.00 106 060.00 87 400.00 106 860.00 88 200.00 107 660.00 89 000.00 108 460.00 89 800.00 109 830.00 90 600.00 110 630.00 91 400.00 111 430.00 92 200.00 112 230.00 93 000.00 113 030.00 93 800.00 113 830.00 94 600.00 114 630.00 95 400.00 115 430.00 96 200.00 116 230.00 97 000.00 117 030.00 97 800.00 118 400.00 98 600.00 119 200.00 99 400.00 120 000.00 100 200.00 120 800.00 101 000.00 121 600.00 101 800.00 122 400.00 102 600.00 123 200.00 103 400.00 124 000.00 104 200.00 124 800.00 105 000.00 125 600.00 113 000.00 134 370.00 121 000.00 142 940.00 129 000.00 151 510.00 137 000.00 160 080.00 145 000.00 168 650.00 153 000.00 177 220.00 161 000.00 185 790.00 169 000.00 194 360.00 177 000.00 202 930.00 185 000.00 211 500.00 193 000.00 220 270.00 201 000.00 228 840.00 209 000.00 237 410.00 217 000.00 245 980.00 225 000.00 254 550.00 233 000.00 263 120.00 241 000.00 271 690.00 249 000.00 280 260.00 257 000.00 288 830.00 265 000.00 297 400.00
BOND COSTS Legal-Person Transfer Total Duty 133 600.00 152 490.00 134 400.00 153 290.00 135 200.00 154 090.00 136 000.00 154 890.00 136 800.00 156 260.00 137 600.00 157 060.00 138 400.00 157 860.00 139 200.00 158 660.00 140 000.00 159 460.00 140 800.00 160 260.00 141 600.00 161 060.00 142 400.00 161 860.00 143 200.00 162 660.00 144 000.00 163 460.00 144 800.00 164 830.00 145 600.00 165 630.00 146 400.00 166 430.00 147 200.00 167 230.00 148 000.00 168 030.00 148 800.00 168 830.00 149 600.00 169 630.00 150 400.00 170 430.00 151 200.00 171 230.00 152 000.00 172 030.00 152 800.00 173 400.00 153 600.00 174 200.00 154 400.00 175 000.00 155 200.00 175 800.00 156 000.00 176 600.00 156 800.00 177 400.00 157 600.00 178 200.00 158 400.00 179 000.00 159 200.00 179 800.00 160 000.00 180 600.00 168 000.00 189 370.00 176 000.00 197 940.00 184 000.00 206 510.00 192 000.00 215 080.00 200 000.00 223 650.00 208 000.00 232 220.00 216 000.00 240 790.00 224 000.00 249 360.00 232 000.00 257 930.00 240 000.00 266 500.00 248 000.00 275 270.00 256 000.00 283 840.00 264 000.00 292 410.00 272 000.00 300 980.00 280 000.00 309 550.00 288 000.00 318 120.00 296 000.00 326 690.00 304 000.00 335 260.00 312 000.00 343 830.00 320 000.00 352 400.00
Bond Fees
V.A.T. @ 14%
12 200.00 12 200.00 12 200.00 12 200.00 12 600.00 12 600.00 12 600.00 12 600.00 12 600.00 12 600.00 12 600.00 12 600.00 12 600.00 12 600.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 000.00 13 400.00 13 400.00 13 400.00 13 400.00 13 400.00 13 400.00 13 400.00 13 400.00 13 400.00 13 400.00 13 800.00 14 200.00 14 600.00 15 000.00 15 400.00 15 800.00 16 200.00 16 600.00 17 000.00 17 400.00 17 800.00 18 200.00 18 600.00 19 000.00 19 400.00 19 800.00 20 200.00 20 600.00 21 000.00 21 400.00
1 708.00 1 708.00 1 708.00 1 708.00 1 764.00 1 764.00 1 764.00 1 764.00 1 764.00 1 764.00 1 764.00 1 764.00 1 764.00 1 764.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 820.00 1 876.00 1 876.00 1 876.00 1 876.00 1 876.00 1 876.00 1 876.00 1 876.00 1 876.00 1 876.00 1 932.00 1 988.00 2 044.00 2 100.00 2 156.00 2 212.00 2 268.00 2 324.00 2 380.00 2 436.00 2 492.00 2 548.00 2 604.00 2 660.00 2 716.00 2 772.00 2 828.00 2 884.00 2 940.00 2 996.00
Deeds Office Tax 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 700.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00 1 050.00
Bond repayments per month to liquidate capital and interest on a reduction bond of R180 000.00 (Example: a bond of R180 000.00 over 20 years at 14.5% per annum = 180 x 12.80 =R2304.00 per month) 9.25% 9.50% 9.75% 10.00% 10.25% 10.50% 11.00% 11.50% 10.29 10.44 10.59 10.75 10.90 11.05 11.37 11.68 9.16 9.32 9.49 9.65 9.82 9.98 10.32 10.66 8.56 8.74 8.91 9.09 9.26 9.44 9.80 10.16 8.23 8.41 8.59 8.78 8.96 9.15 9.52 9.90 12.75 13.00% 13.25% 13.50% 13.75% 14.00% 14.25% 14.50% 11.54 11.71 11.89 12.07 12.25 12.44 12.62 12.80 11.10 11.28 11.47 11.66 11.85 12.04 12.23 12.42 10.87 11.06 11.26 11.45 11.65 11.85 12.05 12.25 15.50% 16.00% 16.25% 16.50% 16.75% 17.00% 17.25% 17.50% 13.54 13.91 14.10 14.29 14.48 14.67 14.86 15.05 13.20 13.59 13.79 13.98 14.18 14.37 14.58 14.78 13.05 13.45 13.65 13.85 14.05 14.26 14.46 14.66
12.00% 12.00 11.01 10.53 10.29 14.75% 12.98 12.61 12.44 18.00% 15.43 15.17 15.07
Total 14 608.00 14 608.00 14 608.00 14 608.00 15 064.00 15 064.00 15 064.00 15 064.00 15 064.00 15 064.00 15 064.00 15 064.00 15 064.00 15 064.00 15 520.00 15 520.00 15 520.00 15 520.00 15 520.00 15 520.00 15 520.00 15 520.00 15 520.00 15 520.00 15 976.00 15 976.00 15 976.00 15 976.00 15 976.00 15 976.00 15 976.00 15 976.00 15 976.00 15 976.00 16 782.00 17 238.00 17 694.00 18 150.00 18 606.00 19 062.00 19 518.00 19 974.00 20 430.00 20 886.00 21 342.00 21 798.00 22 254.00 22 710.00 23 166.00 23 622.00 24 078.00 24 534.00 24 990.00 25 446.00
BOND REPAYMENT CALCULATOR
Yrs 15 20 25 30 Yrs 20 25 30 Yrs 20 25 30
9.00% 10.14 9.00 8.39 8.05 12.50% 11.36 10.90 10.67 15.25% 13.35 13.00 12.84
12.25% 12.16 11.18 10.71 10.47 15.00% 13.17 12.81 12.64 18.50% 15.82 15.57 15.48
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