The Monthly Savings option allows clients to save towards their future home over 18–24 months before moving in. This option is designed for clients who do not have a large down- payment upfront but can save consistently.
Once the savings period is completed, the saved amount is used as a down-payment, and the client then moves into the property under a Rent-To-Own agreement.
All prices and repayments are examples
House Price: R251 000 – R500 000
Markup Price: 60%
Selling Price Range: ± R401 600 – R800 000
Salary (After Deductions):
R12 000 – R25 000
Monthly Savings:
R4 000 – R7 000
Payment Period:
8 – 10 Years
House Price: R501 000 – R750 000
Markup Price: 65%
Selling Price Range: ± R826 650 – R1 237 500
Salary (After Deductions):
R20 000 – R35 000
Monthly Savings:
R7 000 – R10 000
Payment Period:
10 – 12 Years
House Price: R751 000 – R1 000 000
Markup Price: 65%
Selling Price Range: ± R1 239 150 – R1 650 000
Salary (After Deductions):
R30 000 – R50 000
Monthly Savings:
R10 000 – R15 000
Payment Period:
12 – 15 Years
| Total deposit to create (40%) (From you) | |
| Total Assistance from the company (60% Finance) | |
| BUILDING THE DEPOSIT |
| Months of finishing your 40% deposit and to be allocated in your house | |
| Total markup in percent (%) | |
| Total markup in Rands (R) | |
| Total payable (in Rands) Assistance + markup | |
| Total years + months to finish paying the house | |
| Your Monthly Installments |
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