28/07/2026
🏡 **Thinking of buying land through a bank loan?**
Here is a simple example based on a land price of **Vt4,025,000**:
**Land price:** Vt4,025,000
**Legal and government costs:** Vt485,750
**Total estimated cost:** **Vt4,510,750**
The bank requires a **20% deposit**, which is **Vt805,000**.
Already paid to the developer: **Vt350,000**
Additional deposit required: **Vt455,000**
Your **Vt350,000 developer deposit forms part of the bank’s 20% requirement**.
# # # Estimated bank loan: **Vt3,705,750**
At an estimated interest rate of **10.20%**:
✅ **10 years:** Vt49,400 monthly
✅ **15 years:** Vt40,300 monthly
✅ **20 years:** Vt36,300 monthly
Start with your deposit, build your contribution, and prepare for bank financing. Your journey to land ownership can begin one payment at a time. 🌴🔑
📞 **Contact Lokol Marketing Agent: 7635198**
*Figures are estimates only and remain subject to bank valuation, lending approval, interest rates and applicable fees.*