|
Please note: the table below is
purely indicitive and should only be used as a guide,
prices are subect to change at the sole discretion of
the Lilayi Housing Estate and monthly repayments may be
adjusted annually based on the Kwacha/Dollar exchange
rate. |
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|
|
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|
|
Credit Advance Term Years |
15 |
|
|
|
|
|
|
Credit Advance Interest Rate % |
14% |
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|
1
Bedroom |
|
2
Bedroom |
|
3
Bedroom |
|
|
|
|
|
|
|
|
|
Cost
of Houses |
|
170
000 000 |
|
195
000 000 |
|
285
000 000 |
|
|
|
|
|
|
|
|
|
20% Deposit |
|
34 000 000 |
|
39 000 000 |
|
57 000 000 |
|
Closing + Ins |
|
7 708 250 |
|
8 648 250 |
|
12 032 250 |
|
Total
Upfront amount |
|
41
708 250 |
|
47
648 250 |
|
69
032 250 |
|
|
|
|
|
|
|
|
|
Monthly Payments* |
|
2 140 808 |
|
2 441 957 |
|
3 526 090 |
|
Minimum Verifriable Gross income |
|
7 645
744 |
|
8 721
273 |
|
12
593 180 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30% Deposit |
|
51 000 000 |
|
58 500 000 |
|
85 500 000 |
|
Closing + Ins |
|
7 121 750 |
|
7 975 500 |
|
11 049 000 |
|
Total
Upfront amount |
|
58
121 750 |
|
66
475 500 |
|
96
549 000 |
|
|
|
|
|
|
|
|
|
Monthly Payments* |
|
1 889 932 |
|
2 154 187 |
|
3 105 504 |
|
Minimum Verifriable Gross income |
|
6 749
758 |
|
7 693
525 |
|
11
091 086 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
40% Deposit |
|
68 000 000 |
|
78 000 000 |
|
114 000 000 |
|
Closing + Ins |
|
6 535 250 |
|
7 302 750 |
|
10 065 750 |
|
Total
Upfront amount |
|
74
535 250 |
|
85
302 750 |
|
124
065 750 |
|
|
|
|
|
|
|
|
|
Monthly Payments* |
|
1 639 056 |
|
1 866 417 |
|
2 684 918 |
|
Minimum Verifriable Gross income |
|
5 853
772 |
|
6 665
777 |
|
9 588
992 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50% Deposit |
|
85 000 000 |
