The HFC Home Purchase Mortgage (HPM) is the main facility provided
by HFC Company Limited. It is to assist interested individuals and
companies to purchase residential properties for their own use or
for rental and other purposes.
The Home Purchase Mortgage (HPM) is not limited to first time homeowners
only; it is flexible and can be tailored to the applicant's needs.
Properties bought through any of the developers on this web site are
financed under this scheme
Terms
Maximum Loan- US$ 120,000
Minimum Down Payment- 20%
Maximum Term - 10 years
Interest Rate- US$-12.5%
Closing Costs
Processing Fee- US$250/ GB£150
Commitment Fee- 1% of proposed loan
Deposit Against Statutory Fees- 3% of proposed loan
Investment in the HFC Unit - Minimum of 2 times your monthly payments
or 2000 units, whichever is greater.
Monthly Instalments- The amount of monthly instalment will be the
projected amount required to amortise the loan over the agreed period.
This will be determined half yearly for the following 6 months period.
|
PRICE
|
MAXIMUM LOAN
AMOUNT
|
MINIMUM DOWN
PAYMENT
|
MONTHLY REPAYMENT
|
MAXIMUM TERM
|
INTEREST
RATE (P.A.)
|
|
$ 25,000
|
$20,000
|
$ 5,000
|
$5 ,000
|
10 years
|
12.5%
|
|
$ 30,000
|
$ 24,000
|
$ 6,000
|
$6,000
|
10 years
|
12.5%
|
|
$ 50,000
|
$40 ,000
|
$ 10,000
|
$ 10,000
|
10 years
|
12.5%
|
|
$ 60,000
|
$ 48,000
|
$ 12,000
|
$ 12,000
|
10 years
|
12.5%
|
|
$ 75,000
|
$ 60,000
|
$ 15,000
|
$ 15,000
|
10 years
|
12.5%
|
|
$100 ,000
|
$ 80,000
|
$ 20,000
|
$20 ,000
|
10 years
|
12.5%
|
|
$ 125,000
|
$100 ,000
|
$ 25,000
|
$ 25,000
|
10 years
|
12.5%
|
|
$ 150,000
|
$ 120,000
|
$30 ,000
|
$ 30,000
|
10 years
|
12.5%
|
For more information email : property-finance@ghana.co.uk
|
