In 2021, home buyers in Mozambique and Morocco had to pay about 50 percent of the value of the home before a financial institution would grant them a mortgage. The highest down payments required for a mortgage on a home was in Chad where the rate was about 70 percent. On the other hand the lowest down payments were at an average of 10 percent required in Zambia, Mauritius, and Kenya among other countries.
Down payment required to obtain a mortgage in Africa in 2022, by country
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Centre for Affordable Housing Finance in Africa. (November 28, 2022). Down payment required to obtain a mortgage in Africa in 2022, by country [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/789816/mortgage-down-payment-africa-by-country/
Centre for Affordable Housing Finance in Africa. "Down payment required to obtain a mortgage in Africa in 2022, by country." Chart. November 28, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/789816/mortgage-down-payment-africa-by-country/
Centre for Affordable Housing Finance in Africa. (2022). Down payment required to obtain a mortgage in Africa in 2022, by country. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/789816/mortgage-down-payment-africa-by-country/
Centre for Affordable Housing Finance in Africa. "Down Payment Required to Obtain a Mortgage in Africa in 2022, by Country." Statista, Statista Inc., 28 Nov 2022, https://www.statista.com/statistics/789816/mortgage-down-payment-africa-by-country/
Centre for Affordable Housing Finance in Africa, Down payment required to obtain a mortgage in Africa in 2022, by country Statista, https://www.statista.com/statistics/789816/mortgage-down-payment-africa-by-country/ (last visited December 22, 2024)
Down payment required to obtain a mortgage in Africa in 2022, by country [Graph], Centre for Affordable Housing Finance in Africa, November 28, 2022. [Online]. Available: https://www.statista.com/statistics/789816/mortgage-down-payment-africa-by-country/
