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TAGThe Akristal Group

Buy with a mortgage

Know your monthly payment before you fall in love with a home, then let Akristal help you through the bank.

Work out your paymentGet pre-qualified

How it works

  1. Step 1

    Check what you can afford

    Use the calculators below to set a realistic budget before you start viewing.

  2. Step 2

    Get pre-qualified

    Send a few details. Akristal reviews your figures and tells you which lenders fit.

  3. Step 3

    Choose your home

    Pick a listing or an Akristal development. Your Akristal broker or agent negotiates the price.

  4. Step 4

    Approval and handover

    The bank values the home and approves the loan. You sign, pay the deposit and collect the keys.

Mortgage calculator

Change the price, deposit, rate and term to see your monthly payment and the full repayment schedule.

NGN
30%, NGN 45,000,000
22% a year

Starting figures are typical for NGN mortgages; change them to match your bank's offer.

Monthly payment

NGN 2,001,044

Loan amount
NGN 105,000,000
Total interest
NGN 255,187,884
Total you repay
NGN 360,187,884
Deposit
NGN 45,000,000

Estimate only, not a loan offer. Your lender sets the final rate, deposit and term after assessing your application.

Repayment scheduleShow
YearPrincipalInterestBalance
1NGN 1,010,401NGN 23,002,125NGN 103,989,599
2NGN 1,256,531NGN 22,755,995NGN 102,733,069
3NGN 1,562,617NGN 22,449,908NGN 101,170,452
4NGN 1,943,265NGN 22,069,260NGN 99,227,186
5NGN 2,416,638NGN 21,595,887NGN 96,810,548
6NGN 3,005,323NGN 21,007,203NGN 93,805,225
7NGN 3,737,409NGN 20,275,116NGN 90,067,815
8NGN 4,647,830NGN 19,364,696NGN 85,419,986
9NGN 5,780,025NGN 18,232,501NGN 79,639,961
10NGN 7,188,019NGN 16,824,506NGN 72,451,942
11NGN 8,938,996NGN 15,073,529NGN 63,512,945
12NGN 11,116,505NGN 12,896,021NGN 52,396,440
13NGN 13,824,448NGN 10,188,078NGN 38,571,993
14NGN 17,192,036NGN 6,820,490NGN 21,379,957
15NGN 21,379,957NGN 2,632,569NGN 0

How much can you afford?

A quick guide based on your income, existing repayments and savings.

RWF
RWF

Car loans, other mortgages, credit cards.

RWF

You could afford a home of about

RWF 95,471,376

Monthly repayment within budget
RWF 1,050,000
Loan you may qualify for
RWF 75,471,376

Assumes debts stay under 35% of income, 16% interest and a 20-year term.

See homes in your budget

Estimate only, not a loan offer. Your lender sets the final rate, deposit and term after assessing your application.

Get pre-qualified

Tell us about your income and deposit. Akristal will tell you which lenders fit and what to prepare. It does not affect your credit record.

Akristal lending partners

Partner lenders will be listed here. Until then, send the form and Akristal will point you to lenders that fit your situation.

Phone or email: one is enough.

Prefer to skip the bank?

With Pay Small Small you pay Akristal directly: a deposit, then monthly instalments over up to 5 years.

See Pay Small Small

Mortgage questions

How much deposit do I need?

Banks usually ask for 10% to 30% of the price, depending on the country, the lender and your income. The calculator starts with a typical figure for each currency.

Can I get a mortgage if I live abroad?

Some lenders offer diaspora mortgages. Say where you live and earn in the pre-qualification form and Akristal will point you to the options.

What documents will the bank ask for?

Usually ID, proof of income (payslips or business statements), bank statements for the last six to twelve months, and the sale agreement for the home.

Mortgage or Pay Small Small?

A mortgage spreads the cost over many years through a bank. Pay Small Small spreads it over 6 months to 5 years, paid directly to Akristal, and your bank can cover part of it. The right choice depends on your budget and how fast you want to own the home outright.