Let's check if you qualify for the First Home Finance Subsidy?
YES
NO
Is your total household income between R3 500 and R22 000 per month?
Unfortunately it seems you do not qualify. We would still like to help you buy a home. Let us pre-approve you so that you know how much you can afford. Or let us get you the best deal on your home loan.
Are you a South African citizen with a valid identity document OR do you have a permanent residence permit?
Unfortunately it seems you do not qualify for the subsidy.
Is it true that neither you, nor your spouse, has never been granted a government housing subsidy before?
Unfortunately you cannot qualify if you have previously benefitted from a housing subsidy.
Is it true that you have not owned a residential property before?
The subsidy is only available to first time home buyers
Are you older than 18, competent to contract legally, and legally married or divorced?
You must be over 18 years of age to qualify.
Are you either married, living with a partner or single with financial dependents?
Unfortunately, it seems you do not qualify for the subsidy.
Has a bank approved your home loan in principle?
For us to help with your application, you will need a financial institution to approve finance for the home you want to buy. Good news! We are experts at getting you the best home loan deal.
Disclaimer: The above calculator is indicative as BetterBond cannot guarantee a successful First Home Finance Subsidy outcome upon submission to the NHC.