Buy with a mortgage
Know your monthly payment before you fall in love with a home, then let Akristal help you through the bank.
How it works
- Step 1
Check what you can afford
Use the calculators below to set a realistic budget before you start viewing.
- Step 2
Get pre-qualified
Send a few details. Akristal reviews your figures and tells you which lenders fit.
- Step 3
Choose your home
Pick a listing or an Akristal development. Your Akristal broker or agent negotiates the price.
- 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.
Starting figures are typical for ZAR mortgages; change them to match your bank's offer.
Monthly payment
ZAR 23,995
- Loan amount
- ZAR 2,250,000
- Total interest
- ZAR 3,508,720
- Total you repay
- ZAR 5,758,720
- Deposit
- ZAR 250,000
Estimate only, not a loan offer. Your lender sets the final rate, deposit and term after assessing your application.
Repayment scheduleShowHide
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ZAR 30,775 | ZAR 257,161 | ZAR 2,219,225 |
| 2 | ZAR 34,506 | ZAR 253,430 | ZAR 2,184,719 |
| 3 | ZAR 38,690 | ZAR 249,246 | ZAR 2,146,029 |
| 4 | ZAR 43,382 | ZAR 244,554 | ZAR 2,102,647 |
| 5 | ZAR 48,643 | ZAR 239,293 | ZAR 2,054,004 |
| 6 | ZAR 54,541 | ZAR 233,395 | ZAR 1,999,463 |
| 7 | ZAR 61,154 | ZAR 226,782 | ZAR 1,938,309 |
| 8 | ZAR 68,570 | ZAR 219,366 | ZAR 1,869,739 |
| 9 | ZAR 76,885 | ZAR 211,051 | ZAR 1,792,854 |
| 10 | ZAR 86,208 | ZAR 201,728 | ZAR 1,706,646 |
| 11 | ZAR 96,661 | ZAR 191,275 | ZAR 1,609,985 |
| 12 | ZAR 108,382 | ZAR 179,554 | ZAR 1,501,602 |
| 13 | ZAR 121,525 | ZAR 166,411 | ZAR 1,380,078 |
| 14 | ZAR 136,261 | ZAR 151,675 | ZAR 1,243,817 |
| 15 | ZAR 152,784 | ZAR 135,152 | ZAR 1,091,033 |
| 16 | ZAR 171,310 | ZAR 116,626 | ZAR 919,723 |
| 17 | ZAR 192,083 | ZAR 95,853 | ZAR 727,640 |
| 18 | ZAR 215,375 | ZAR 72,561 | ZAR 512,265 |
| 19 | ZAR 241,491 | ZAR 46,445 | ZAR 270,774 |
| 20 | ZAR 270,774 | ZAR 17,162 | ZAR 0 |
How much can you afford?
A quick guide based on your income, existing repayments and savings.
Car loans, other mortgages, credit cards.
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 budgetEstimate 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.
Prefer to skip the bank?
With Pay Small Small you pay Akristal directly: a deposit, then monthly instalments over up to 5 years.
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.