# Interest Rates & MPC Decisions - Canonical URL: https://bond.co.za/news/interest-rates 1. [Home](https://bond.co.za/) 3. [Market news](https://bond.co.za/news) 5. Interest rates Repo and prime rate decisions, MPC statements and benchmark changes — and what each move adds to, or shaves off, your bond repayment. We publish within hours of every SARB decision, with worked repayment examples for real bond sizes and no guaranteed-outcome language. 29 Oct 2026 [R1.5 Million Home Loan: Monthly Repayment at 10.75% Prime](https://bond.co.za/news/r1-5-million-home-loan-monthly-repayment) A R1.5 million home loan costs about R 15 228 a month over 20 years at 10.75% prime (SARB, 25 Sep 2026). Deposit, term and salary tables, plus what the September hike added. Read the article 28 Oct 2026 [R2 Million Home Loan: Monthly Repayment at 10.75% Prime](https://bond.co.za/news/r2-million-home-loan-monthly-repayment) A R2 million home loan costs about R 20 305 a month over 20 years at 10.75% prime (SARB, 25 Sep 2026). Hold, hike and cut scenarios for the 19 November MPC. Read the article 25 Oct 2026 [What is the current inflation rate in South Africa today? September CPI prints 4.5%](https://bond.co.za/news/current-inflation-rate-south-africa-today) South Africa's inflation rate is 4.5% — the September 2026 CPI, published 21 October, below the 4.7% forecast. What it means for your bond at 10.75% prime, by bond.co.za. Read the article 21 Oct 2026 [Stats SA September CPI out today: what South Africa's inflation reading means for your November bond rate](https://bond.co.za/news/stats-sa-september-cpi-2026-november-rate-impact) Stats SA publishes September 2026 CPI today — the last major inflation print before the SARB's 19 November MPC decision. Prime at 10.75%, repo at 7.25%. bond.co.za calculates what a hold or hike means for your repayment. Read the article 20 Oct 2026 [What the 2026 mid-term budget means for home buyers](https://bond.co.za/news/mtbps-2026-what-the-mid-term-budget-means-for-home-buyers) The 2026 MTBPS is tabled on Wednesday 21 October. What it can and cannot change — and what it means for your bond at 10.75% prime, calculated by bond.co.za. Read the article 19 Oct 2026 [When is the next inflation announcement in South Africa?](https://bond.co.za/news/when-is-the-next-inflation-announcement-south-africa) Stats SA publishes September CPI on Wednesday 21 October 2026 — the last major print before the SARB's 19 November decision, with CPI at 4.4% and prime at 10.75%. What it means for your bond. Read the article 16 Oct 2026 [What inflation means for your home loan interest rate](https://bond.co.za/news/inflation-home-loan-interest-rates) Inflation is why the SARB hiked twice in 2026. How CPI moves the repo rate, prime and your bond repayment — and what the next inflation print means. Read the article 15 Oct 2026 [How much have interest rates gone up in 2026?](https://bond.co.za/news/how-much-have-interest-rates-gone-up-in-2026) South Africa's prime rate has risen 0.50 percentage points in 2026 — two SARB hikes, from 10.25% to 10.75%. What that adds at R1 million, R1.5 million and R2 million, calculated by bond.co.za. Read the article 13 Oct 2026 [Will the repo rate go up in November 2026?](https://bond.co.za/news/will-repo-rate-go-up-november-2026) The MPC decides on 19 November 2026 with repo at 7.25% after September's hike. What the 2026 record says — and what another 25bp would cost your bond. Read the article 12 Oct 2026 [When is the next interest rate decision in South Africa?](https://bond.co.za/news/when-is-the-next-interest-rate-decision-south-africa) The SARB's next MPC decision is on Thursday 19 November 2026, at about 15:00 SAST. Repo stands at 7.25% and prime at 10.75% — what each outcome would do to your repayment, calculated by bond.co.za. Read the article 07 Oct 2026 [How much can comparing home loan rates actually save you?](https://bond.co.za/news/how-much-can-comparing-home-loan-rates-save-you) ooba's data shows home-loan comparison wins an average 0.67% below prime. What that's worth at today's 10.75% prime rate (SARB), calculated by bond.co.za. Read the article 06 Oct 2026 [Does paying extra into your bond after a rate hike still pay off?](https://bond.co.za/news/extra-bond-payments-after-september-2026-rate-hike) Prime is 10.75% after September's SARB hike. bond.co.za's own calculation of what extra monthly payments and lump sums actually save on a real bond today. Read the article 06 Oct 2026 [Interest rate hike 2026: what it means for your home loan](https://bond.co.za/news/sarb-rate-hike-prime-10-75-bond-impact) SARB raised the repo rate to 7.25% on 23 September 2026, effective 25 September, pushing prime to 10.75%. What the hike adds to your bond repayment, recalculated by bond.co.za. Read the article 03 Oct 2026 [Is it worth refinancing your home loan in South Africa right now?](https://bond.co.za/news/refinance-home-loan-after-september-2026-rate-hike) Prime has risen 0.50 percentage points in 2026 across two SARB hikes, to 10.75%. bond.co.za's break-even math on refinancing now, what it costs, and when it isn't worth it. Read the article 02 Oct 2026 [Does using a bond originator get you a lower interest rate?](https://bond.co.za/news/does-a-bond-originator-get-you-a-lower-interest-rate) Often, yes — from bank competition, not negotiation. What a bond originator's one-application model is worth at today's 10.75% prime rate (SARB), and the real trade-offs. Read the article 30 Sep 2026 [Will interest rates go down in South Africa before the November MPC?](https://bond.co.za/news/will-interest-rates-go-down-in-south-africa) Prime is 10.75% and repo 7.25% as at 23 September 2026 (SARB) — no cut yet. What published November MPC forecasts actually say, and what a rate cut or hike would do to your bond. Read the article 29 Sep 2026 [How much less can you borrow after the September 2026 rate hike?](https://bond.co.za/news/home-loan-affordability-after-september-2026-rate-hike) Prime rose to 10.75% on 25 September 2026. bond.co.za's own calculation of how much less South Africans now qualify to borrow at the same income, by income tier. Read the article 27 Sep 2026 [What is the difference between the prime rate and the repo rate in South Africa?](https://bond.co.za/news/prime-rate-vs-repo-rate-south-africa) Prime is 10.75% and repo is 7.25% (SARB, effective 25 September 2026). How the two rates differ, why the gap is fixed, and what a repo move does to your bond. Read the article 26 Sep 2026 [What is the monthly payment on a R100,000 home loan at 10.75% prime?](https://bond.co.za/news/r100000-home-loan-monthly-payment-prime-rate) A R100,000 home loan over 20 years at 10.75% prime (SARB, effective 25 September 2026): the monthly repayment, what the hike added, and how to scale it to your bond. Read the article 23 Sep 2026 [SARB raises the repo rate to 7.25%: what the September 2026 hike costs your bond](https://bond.co.za/news/sarb-september-2026-rate-hike-bond-impact) The SARB raised the repo rate 25 basis points to 7.25% on 23 September 2026, taking prime to 10.75%. What the hike adds to your bond repayment, and what to do next. Read the article 22 Sep 2026 [Is the repo rate going to increase in 2026? Bank of America thinks so](https://bond.co.za/news/bofa-sees-two-more-sarb-hikes-2026) Bank of America expects two more SARB rate hikes in 2026, taking repo to 7.50%. What the call says, where rates stand today, and what it would add to your bond repayment. Read the article 21 Sep 2026 [When to apply for bond pre-approval — and why this week is different](https://bond.co.za/news/when-to-apply-bond-pre-approval-before-rate-decision) The SARB decides on 23 September 2026. A pre-approval issued before Thursday is priced at today's 10.50% prime — the timing, the credit check and the 90-day window. Read the article 20 Sep 2026 [Will the repo rate go up in September 2026?](https://bond.co.za/news/will-repo-rate-go-up-september-2026) The SARB decides on 23 September 2026 with petrol tracking above R29/litre and GDP in contraction. What the verified data says about the repo rate. Read the article 17 Sep 2026 [How long is bond pre-approval valid — and what happens if rates move before you buy?](https://bond.co.za/news/bond-pre-approval-validity-south-africa) Bond pre-approval in South Africa lasts about 90 days. What that means with the SARB rate decision landing on 23 September 2026, sourced and dated. Read the article 13 Sep 2026 [What a rate change does to your bond repayment](https://bond.co.za/news/what-a-rate-change-does-to-your-bond-repayment) Prime is 10.50% ahead of the 23 September MPC. See what a 25bp move adds to a R1m, R1.5m or R2m bond repayment, and how to stress-test yours. Read the article 13 Sep 2026 [Rate decision on 23 September: what a hike would cost your bond](https://bond.co.za/news/sarb-september-rate-decision-bond-cost) The SARB's MPC meets on 23 September with prime at 10.5%. Here's what a possible 25 basis point hike would add to your bond repayment — and how to prepare. Read the article 12 Sep 2026 [Home loan rates in South Africa: what you’ll actually pay in September 2026](https://bond.co.za/news/home-loan-rates-what-banks-actually-charge) Prime is 10.50%, but that’s not the rate you’ll pay. How SA banks price home loans in September 2026 — and how to pay less. Read the article 11 Sep 2026 [JIBAR ends on 31 December 2026 — here’s what the switch to ZARONIA means for your bond](https://bond.co.za/news/jibar-ends-december-2026-what-zaronia-means-for-your-bond) JIBAR is discontinued after 31 December 2026 as SA switches to ZARONIA. What the benchmark change means for your bond — and why your repayment stays put. Read the article 09 Sep 2026 [Prime is unchanged — but a bond costs more than it did a year ago](https://bond.co.za/news/prime-unchanged-bond-costs-up) Prime has held at 10.50% since May, yet a bond costs more than it did a year ago — in instalments and in upfront fees. The numbers, and what 23 September could add. Read the article 03 Sep 2026 [SARB wants to scrap South Africa’s prime lending rate. Here’s what it means for your bond](https://bond.co.za/news/sarb-prime-lending-rate-scrapped-what-it-means) The Reserve Bank has proposed replacing South Africa’s prime lending rate with the repo rate from 2027. Here’s what that actually changes for home loan borrowers. Read the article [ Bond repayment calculatorSee what any bond size costs per month at today’s rate — and what a rate move would add. →](https://bond.co.za/bond-calculator) [Market newsBrowse all categories](https://bond.co.za/news) > This is the Markdown version of [https://bond.co.za/news/interest-rates](https://bond.co.za/news/interest-rates); that HTML page is the canonical version of this content.