The Plot & Mjengo path — skip the 13.5% mortgage
Build the deposit vault, then let the Sacco's 3× multiplier fund the build.
13.5% is the average Kenyan mortgage rate for 2025 — CBK Bank Supervision Annual Report 2025, Residential Mortgage Survey.
Or save the classic deposit
Reverse-engineer a straight cash deposit on your own timeline.
Deposit
Kenyan lenders typically ask for 10-20% down; a bigger deposit means smaller repayments.
An assumption, not a promise — bank savings sit low, money market funds and SACCO deposits typically higher. Check current rates before you commit.
For guidance only, not financial advice. Projections use your assumed return compounded monthly and ~6.5% annual inflation (Kenya CPI average); actual returns vary. Verify product terms and current rates with the institution before committing money.