Zero-Deposit Home Loans Are Back in South Africa, Here’s What You Need to Know
Struggling to save for a deposit? Good news — you might not need one anymore. In 2025, zero-deposit bonds (also called 100% home loans) are making a BIG comeback in South Africa. That means you can now buy a house without putting down a cent upfront — if you qualify. 53.7% of all home loan applications in late 2024 were for 100% bonds. That’s over HALF of all applications, and most were from first-time buyers.
Why Are Zero-Deposit Bonds Trending Again?
At Secubond, we help South Africans apply for home loans daily, and here’s why so many people are choosing zero-deposit options:
Banks Are Offering Better Deals
Banks are competing harder for clients, offering bonds at prime minus rates, like prime minus 0.55% by the end of 2024. That’s excellent value, especially if you don’t have a deposit.
Lower Interest Rates Are Expected in 2025
As inflation slows, the SARB may reduce the repo rate, making your monthly bond repayments more affordable.
First-Time Buyers Are Jumping In
About 47% of all buyers were first-timers last year, and many used 100% bonds to get into their first home quicker.
Benefits of a Zero-Deposit Bond
No Deposit Needed
You don’t need R50k–R150k upfront. Buy sooner.
Perfect for First-Time Buyers
Whether you’re a young couple, single parent, or professional, it’s a practical way to own property without years of saving.
More Bank Options
Banks are flexible right now. Secubond will help you compare them all in one go.
You Can Still Get a Good Interest Rate
If your credit score and income are solid, you may still qualify for a prime-linked or discounted rate, even without a deposit.
Is a 100% Home Loan Right for You?
YES, if:
- You’re a first-time buyer
You have stable income (employed or self-employed with provable income)
- You can comfortably afford the monthly bond installments.
- You want to get into the market now before property prices go up
Think Twice, if:
- Your income is inconsistent
- You have bad credit
- You don’t have a savings cushion for emergencies or other homeownership costs (e.g., maintenance, rates, levies)
Secubond’s Tips Before You Apply
We help South Africans get home loans approved every single day. Here’s our expert advice:
Use a Bond Originator (That’s Us!)
We apply to all major banks on your behalf and fight for the best rate, for free.
Get Prequalified First
Know what price range you can afford before going house-hunting.
Budget Beyond the Bond
Include costs like transfer fees, rates, levies, insurance, and ongoing maintenance.
Fix Your Credit Score
Even small improvements can save you thousands in interest. Ask us how, we’ll guide you.
Final Word: Don’t Let “No Deposit” Hold You Back
With the right support and guidance, you can own a home in 2025, even without upfront cash. A zero-deposit bond isn’t for everyone, but if you earn a steady income and meet the bank’s criteria, this could be your chance to get the keys.