Lender Readiness Benchmarks
Illustrative South African lender examples to help you understand how banks think about risk, loan size, and interest rates.
The lender and private bank scenarios below are purely educational. All ranges are rounded examples to help you understand how banks might price risk, property value, loan size and interest rates. They are not approvals, not binding offers and not personalised results. South Africa’s Prime Rate changes over time – this page uses a configurable illustrative value only: .
Sample South African Lenders (Illustrative)
These examples help you see how different lender types might position property price ranges, loan amounts and rates around Prime.
| Lender Name | Property Price Range | Loan Amount Range | Illustrative Interest Rate |
|---|---|---|---|
| Major Bank A (Standard/FNB type) | R 900 000 – R 1 800 000 | R 810 000 – R 1 620 000 | Prime ± …% |
| Major Bank B (ABSA/Nedbank type) | R 800 000 – R 1 600 000 | R 720 000 – R 1 440 000 | Prime ± …% |
| Specialist/Digital Lender C | R 1 000 000 – R 2 000 000 | R 900 000 – R 1 800 000 | Prime ± …% |
All interest ranges are tied to an illustrative Prime Rate via a simple margin (e.g. Prime + 1.50%). Real pricing depends on your profile, bank policy and market conditions. MyFinWell does not provide or arrange loans and does not guarantee approval at any lender.
Sample Private Bank Scenarios (Illustrative)
These scenarios use a 20‑year term and Prime‑linked rates to demonstrate how monthly repayments and fees might look for different profiles.
Private Bank A
Prime - 0.50% on strong, low‑risk profile (illustrative)
Fit indicator is simulated based on a "strong income, low leverage" profile – for education only.
Private Bank B
Prime + 0.25% for balanced profile (illustrative)
Fit indicator is simulated based on a "stable income with some existing debt" profile – for education only.
Private Bank C
Prime + 1.00% for higher‑risk profile (illustrative)
Fit indicator is simulated for a profile with higher leverage or irregular income – for education only.
Private Bank D
Prime + 1.75% for rehab / recovery cases (illustrative)
Fit indicator is simulated for complex or recovering credit situations – for education only.
All amounts, fees and repayments in this section are marked as Illustrative. They are here to help you learn the mechanics of home loan pricing, not to recommend a specific product. Always speak to a licensed financial professional before making decisions.