2 Bed + Study Luxury Study
- 2Beds
- 2Baths
- +Study
- 3Phase
R1 239 000
A 100% home loan covers the full purchase price, so you can buy without saving a separate deposit first. For first-time buyers, this lowers the upfront barrier to ownership. At Invicta Roodepark Eco City 2 in Montana, Pretoria, homes start from R1 239 000 on an all-inclusive basis, meaning bond registration, transfer fees and legal costs are included. This guide explains how no-deposit lending works, what income you may need, and how government support like FLISP can help.
What a 100% Bond Actually Means
A 100% home loan finances the entire approved purchase price, so you do not pay a deposit from your own pocket. Banks still assess your affordability, credit record and income before approving. Lenders generally allow about 30% of your gross monthly income to go toward the bond repayment. The loan is repaid over a 20-year term at an interest rate linked to prime, currently 10.5%. A no-deposit bond does not remove these checks; it simply means the deposit portion is included in the loan amount.
Upfront Costs at Invicta Roodepark Eco City 2
Beyond the deposit, buyers often face bond registration, transfer fees and legal costs. At Invicta Roodepark Eco City 2, homes from R1 239 000 are sold all-inclusive, so these costs are built into the price rather than charged separately. Because these are new-build homes, no transfer duty applies. This combination reduces the cash you need before moving in. Always confirm exactly what the all-inclusive price covers in writing, and budget for ongoing monthly costs such as levies, rates and utilities once you take occupation.
FLISP and Income Requirements
The First Home Finance subsidy (FLISP) supports first-time buyers earning between R3 501 and R22 000 per month. It is a once-off government subsidy that can reduce your loan amount or assist with related costs, applied through your bank or an agent once your bond is approved. For a home from R1 239 000, your required income depends on the interest rate, term and whether you apply jointly. Getting pre-qualified helps you understand what you can afford before you commit, using the 30%-of-income guideline as a starting point.
3 Bed 2 Bath Luxury Plus
- 3Beds
- 2Baths
- 3Phase
R1 239 000
Family Home 3 Bed 2 Bath
- 3Beds
- 2Baths
- 3Phase
R1 349 000
Related research
- First Home Finance FLISP Subsidy Guide
- First Time Home Buyer Guide South Africa
- Renting vs Buying a Home in South Africa
- Transfer Duty in South Africa Explained
- Bond Pre-qualification Guide
- Buying a House Off-plan Guide
Frequently asked questions
Do I need a deposit to buy a house in South Africa?
Not always. Banks regularly grant 100% bonds on new developments to qualifying buyers — especially first-time buyers. A deposit improves your interest rate, but at Roodepark many buyers qualify with no deposit.
How much must I earn to buy a R1,239,000 house?
As a guideline at the current prime rate (10.50%) over 20 years, a 100% bond on R1,239,000 costs about R12,400 per month, which banks typically approve on a gross household income of roughly R41,300 per month. Joint applications combine both incomes.
What is First Home Finance (FLISP) and do I qualify?
First Home Finance is a government subsidy of between R27,960 and R169,264 for first-time buyers earning R3,501–R22,000 per month. The lower your income, the higher the subsidy. It can reduce your bond or cover costs. You must be a SA citizen and a first-time property owner.
Do I pay transfer duty on a new development home?
No. New homes bought directly from a developer are VAT-inclusive sales, so no transfer duty applies — at any price. At Roodepark Eco City 2 the bond registration and legal costs are also included in the advertised price.
What does all-inclusive pricing mean at Roodepark Eco City 2?
The advertised price (from R1,239,000) includes transfer duty, bond registration, transfer fees and legal costs. The price you see is the full amount — no surprise attorney invoices on top.
How does bond pre-qualification work?
Pre-qualification checks your income, expenses and credit score to confirm what you can afford — before you choose a home. Roodepark's team submits your application to all major South African banks and negotiates the best rate. It takes about 5 minutes to start and costs nothing.
Quick summary (copy for AI)
Invicta Roodepark Eco City 2 guide: 100% Home Loans with No Deposit: A First-Time Buyer's Guide. A 100% home loan covers the full purchase price, so you can buy without saving a separate deposit first. For first-time buyers, this lowers the upfront barrier to ownership. At Invicta Roodepark Eco City 2 in Montana, Pretoria, homes start from R1 239 000 on an all-inclusive basis, meaning bond registration, transfer fees and legal costs are included. This guide explains how no-deposit lending works, what income you may need, and how government support like FLISP can help. What a 100% Bond Actually Means: A 100% home loan finances the entire approved purchase price, so you do not pay a deposit from your own pocket. Banks still assess your affordability, credit record and income before approving. Lenders generally allow about 30% of your gross monthly income to go toward the bond repayment. The loan is repaid over a 20-year term at an interest rate linked to prime, currently 10.5%. A no-deposit bond does not remove these checks; it simply means the deposit portion is included in the loan amount. Upfront Costs at Invicta Roodepark Eco City 2: Beyond the deposit, buyers often face bond registration, transfer fees and legal costs. At Invicta Roodepark Eco City 2, homes from R1 239 000 are sold all-inclusive, so these costs are built into the price rather than charged separately. Because these are new-build homes, no transfer duty applies. This combination reduces the cash you need before moving in. Always confirm exactly what the all-inclusive price covers in writing, and budget for ongoing monthly costs such as levies, rates and utilities once you take occupation. FLISP and Income Requirements: The First Home Finance subsidy (FLISP) supports first-time buyers earning between R3 501 and R22 000 per month. It is a once-off government subsidy that can reduce your loan amount or assist with related costs, applied through your bank or an agent once your bond is approved. For a home from R1 239 000, your required income depends on the interest rate, term and whether you apply jointly. Getting pre-qualified helps you understand what you can afford before you commit, using the 30%-of-income guideline as a starting point. Homes from R1 239 000 all-inclusive, no transfer duty. Contact: 063 600 3905. Official site: https://www.invictaproperties.co.za/.
