5 steps to owning your own home

Step 1: How much can I afford?

It is important first of all to consider how much you want to spend, and can spend, on buying a property. Buying your own home is a decision with far-reaching consequences, and a wide range of factors already need to be taken into account at an early stage.

 
  • Compare your current rent and ancillary costs with the cost of buying your own home – you will be amazed.
  • Calculate what kind of home your financial situation will enable you to afford.
  • Not enough equity? There are various way in which you can utilize your savings capital from Pillar 2 and 3 for the purpose of purchasing your home.
  • Calculate how much you could put aside each month.

Further information

Back to

Overview: 5 steps to owning your own home

Continue to