How much is the FLISP subsidy?
The subsidy ranges from R30 001 to R130 000, depending on your income. The lower your income, the higher the subsidy that will be paid by the government toward your home loan, lowering your monthly repayments in the process.
To qualify for the FLISP subsidy, you must have an income ranging from R3501 to R22 000 per month.
Where you fall on this bracket then determines the size of your subsidy. You can check the FLISP brochure for more detailed information on the income and corresponding subsidy.
