{
  "transferDuty": {
    "brackets": [
      {
        "min": 0,
        "max": 1000000,
        "rate": 0,
        "firstTimeBuyerExempt": true,
        "description": "Properties under R1,000,000"
      },
      {
        "min": 1000000,
        "max": 1375000,
        "rate": 0.03,
        "baseAmount": 0,
        "description": "R1,000,001 - R1,375,000"
      },
      {
        "min": 1375000,
        "max": 1925000,
        "rate": 0.06,
        "baseAmount": 11250,
        "description": "R1,375,001 - R1,925,000"
      },
      {
        "min": 1925000,
        "max": 2475000,
        "rate": 0.08,
        "baseAmount": 44250,
        "description": "R1,925,001 - R2,475,000"
      },
      {
        "min": 2475000,
        "max": null,
        "rate": 0.11,
        "baseAmount": 88250,
        "description": "Above R2,475,000"
      }
    ]
  },
  "fees": {
    "transfer": {
      "conveyancingFeeRate": 0.006,
      "conveyancingFeeMinimum": 5000,
      "deedsOfficeRate": 0.001,
      "deedsOfficeMinimum": 300,
      "postageAndPetties": 1915,
      "ratesClearance": 0,
      "proRataRates": 0,
      "deedsOfficeSearch": 0,
      "electronicDocumentPreparation": 0,
      "vatRate": 0.15,
      "vatAppliesTo": ["conveyancingFee", "postageAndPetties"]
    },
    "bond": {
      "registrationFeeRate": 0.005,
      "registrationFeeMinimum": 3000,
      "deedsOfficeRate": 0.001,
      "deedsOfficeMinimum": 300,
      "postageAndPetties": 1915,
      "bankElectronicConnectionFee": 0,
      "electronicDocumentPreparation": 0,
      "vatRate": 0.15,
      "vatAppliesTo": ["registrationFee", "postageAndPetties"]
    }
  },
  "transfer": {
      "bondValueRatio": 0.8
  },
  "affordability": {
    "maxIncomeRatio": 0.3,
    "defaultInterestRate": 11.5,
    "bondTerms": [20, 25, 30]
  },
  "metadata": {
    "lastUpdated": "2025-06-28",
    "version": "1.0",
    "description": "South African property calculator configuration",
    "notes": [
      "All rates are current as of June 2025",
      "Transfer duty rates may change with government policy",
      "First-time buyers may be exempt from transfer duty on properties under R1,000,000",
      "VAT is currently 15% and applies to professional fees",
      "Some fees like rates clearance and electronic fees may vary by conveyancer"
    ]
  }
}