Home buyers in South Africa paid on average 7.8 percent of home price as a deposit when taking out a mortgage loan in the second quarter of 2022. For first-time buyers, this percentage was slightly higher at 8.1 percent.
Average amount of approved mortgage loans for first time and all home buyers in South Africa in 2nd quarter 2021 and 2nd quarter 2022
(in South African rands)
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ooba Home Loans. (July 25, 2022). Average amount of approved mortgage loans for first time and all home buyers in South Africa in 2nd quarter 2021 and 2nd quarter 2022 (in South African rands) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1330202/average-mortgage-loan-amount-in-south-africa/
ooba Home Loans. "Average amount of approved mortgage loans for first time and all home buyers in South Africa in 2nd quarter 2021 and 2nd quarter 2022 (in South African rands)." Chart. July 25, 2022. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1330202/average-mortgage-loan-amount-in-south-africa/
ooba Home Loans. (2022). Average amount of approved mortgage loans for first time and all home buyers in South Africa in 2nd quarter 2021 and 2nd quarter 2022 (in South African rands). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1330202/average-mortgage-loan-amount-in-south-africa/
ooba Home Loans. "Average Amount of Approved Mortgage Loans for First Time and All Home Buyers in South Africa in 2nd Quarter 2021 and 2nd Quarter 2022 (in South African Rands)." Statista, Statista Inc., 25 Jul 2022, https://www.statista.com/statistics/1330202/average-mortgage-loan-amount-in-south-africa/
ooba Home Loans, Average amount of approved mortgage loans for first time and all home buyers in South Africa in 2nd quarter 2021 and 2nd quarter 2022 (in South African rands) Statista, https://www.statista.com/statistics/1330202/average-mortgage-loan-amount-in-south-africa/ (last visited December 19, 2024)
Average amount of approved mortgage loans for first time and all home buyers in South Africa in 2nd quarter 2021 and 2nd quarter 2022 (in South African rands) [Graph], ooba Home Loans, July 25, 2022. [Online]. Available: https://www.statista.com/statistics/1330202/average-mortgage-loan-amount-in-south-africa/
