Home buying payment plans in the market

{{ searchResult.length }} results in {{ index }}

{{ result.title }} {{ result.designation }} {{ result.author }} {{ result.category }}

View

Home buying payment plans in the market

13 November, 2026 / Articles

Owning a home is a dream for many,

Therefore before you think to spend a penny,

To invest in a future home for you or your family,

Here are some helpful tips to save you from agony.

Is your job looking somehow iffy?

Are houses somehow costly in your city?

In such uncertain situations, avoid a cash payment.

Unless of course, you had saved enough to put a down payment.

Cash cuts costs and a debt is a heavy burden to carry,

Pay cash, eliminate interest and other costs which are unnecessary,

Cash is liquid so if you’re looking to close on a deal faster,

Then a cash offer is even more attractive to the seller rather,

Than let’s say a loan…which has to be backed by security thereafter.

Shopping for a mortgage can be overwhelming,

Especially in Kenya where the mortgage market is still developing.

An audit check on your lifestyle will help you further determine,

How much debt you can handle before you draw the line.

Also be prepared to deal with high deposit demands by banks,

If you are unable to service this you’re free to say, no thanks!

If you’re looking to strike the middle ground,

Torn between cash/ mortgage, tired of going round?

You can opt for an installment, pay part of the cost immediately,

Then do regular top-ups for your dream house obediently.

Until the debt is fully paid you’ll be left feeling like a pro,

For paying up against milestones and managing your cash flow.

There’s no such thing as the right or wrong payment plan,

What works for you may not necessarily work for any other man.

Ask yourself…which payment plan provides the best return on

RECENT BLOGS

Why Cyber Insurance is crucial for small businesses in the digital age

According to the Communications Authority of Kenya (CAK) Q4’2023 Cybersecurity Report, over 1.2 billion cy...

Interview: Victor B. Ondiwo on Cytonn Young Leaders Program

Cytonn Young Leaders Programme (CYLP) is an intensive 12-week training and mentorship program which seeks to provide the vital work experience to fresh graduates just joining the job market. The pr...

Mortgage 101

A mortgage also known as a lien is a debt instrument usually secured against a collateral of a real estate nature. Payments made to offset mortgages are usually predetermined. Failure to commit to...

POPULAR BLOGS

Alternative Financing for Real Estate Development in Kenya

In developed economies, only 40% of business funding comes from banks, which is the traditional way of funding businesses; the balance of 60% comes from alternative sources of funding, such as capi...

Leadership Profiles - Edwin H. Dande, CEO at Cytonn

How to best mix your investment options
Introduction

As an investor, the greatest concern is growing your investment to deliver higher risk-adjusted returns. Risk-adjusted return hones an investment's return by...

Home buying payment plans in the market

How to best mix your investment options
Introduction

As an investor, the greatest concern is growing your investment to deliver higher risk-adjusted returns. Risk-adjusted return hones an investment's return by...

Recent Articles

Why You Should Still Save For Your Retirement Duri...

Gender Diversification in the Construction Indust...

What Makes an Entrepreneur'

Try Cytonn Assistant

Home buying payment plans in the market

How to best mix your investment options Introduction As an investor, the greatest concern is growing your investment to deliver higher risk-adjusted returns. Risk-adjusted return hones an investment's return by...

Recent Articles

Why You Should Still Save For Your Retirement Duri...

Gender Diversi­fication in the Construction Indust...

What Makes an Entrepreneur'

Try Cytonn Assistant

How to best mix your investment options
Introduction

As an investor, the greatest concern is growing your investment to deliver higher risk-adjusted returns. Risk-adjusted return hones an investment's return by...

Gender Diversification in the Construction Indust...