Here’s how much you need to earn to afford a R1.2m house
” Gross monthly income needed to buy a house Seeff says first-time buyers require financial planning and a healthy credit record, ideally a score of 650 or higher.
If one is looking into buying a house for R800 000, Seeff says a gross monthly income of around R27 000 is required.
For a house worth R800 000, a gross monthly income of around R27 000 is required.
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