Skip to content

What are the housing subsidy amounts?

A home loan subsidy is available in South Africa through the FLISP program. But what are the subsidy amounts?

First, note that your income must range between R3501 and R22 000 per month to qualify.

Then, the lower your income within that bracket, the higher your subsidy.

The subsidy amount ranges from R30 001 to R130 000.

Check the table below to find the subsidy amount corresponding to your income.

Apply for a housing subsidy

FLISP offering homebuyers a subsidy on their first home.

Do i qualify?

Ranked #1 in Banking on Hellopeter

hello-peter
image-stars

Average rating of 4.86 from over 4 550 reviews

Simply The Best

Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

Tia J

Excellent Service

Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

Brice G

Bond Application

Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

Butana M