Reduce your rent — and let it put you on the path to owning your home.
Under the Mountain View instalment sale programme you don't need a home loan to move in. You take occupation of your 2-bedroom home and pay monthly occupational rent based on the balance of the R429 000 price after your First Home Finance subsidy — for many households, less than they currently pay in rent. Use this calculator to estimate your subsidy and your occupational rent in about a minute.
Step 1 — Estimate your subsidy & occupational rent
Move the slider to your total gross household income (before deductions). Your subsidy is determined by your income on the official First Home Finance scale — the bigger your subsidy, the lower your occupational rent.
Free of charge · No credit check at this step · POPIA-compliant · Nothing is saved unless you register your interest. Please note: priority is given to buyers on the Mossel Bay Municipality Waiting List / Demand Database.
Step 2 — Your Mountain View estimate
If your current rent is higher than your estimated occupational rent above, the instalment sale programme could reduce what you pay each month — while every month brings you closer to a home registered in your own name. Register your interest and our team will confirm your figures with you, at no cost.
This is an estimate for the Mountain View instalment sale programme only and does not constitute an offer or approval. Priority will be given to buyers on the Mossel Bay Municipality Waiting List / Demand Database. The final subsidy amount is determined by First Home Finance on formal application, and occupation is subject to a signed Instalment Sale Agreement. A prospective purchaser needs to be considered creditworthy and, amongst other requirements, have a financial dependant (such as a spouse or child) to qualify for the subsidy. The affordability assessment by the My Budget Fitness team is provided free of charge.
How the instalment sale works
Estimate & register
Use this calculator, then register your interest online — our team verifies your subsidy and occupational rent at no cost.
View the units
Show units are available for viewing — see the 2-bedroom duplex units and the development for yourself in Mossel Bay.
Formal assessment
A full affordability and First Home Finance assessment, with feedback usually within 5 working days.
Sign, move in & own
You take occupation under your Instalment Sale Agreement — no home loan needed to move in. Your subsidy is applied to the price, and the home is transferred into your name.