Mozambique 💰 MZN Last updated2026-05-28

Crédito habitação Calculator Mozambique

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Quick answer (Mozambique)

A MT 3,500,000 mortgage at 20.0% over a 15-year term works out to a monthly payment of about 61 470 MTn, with total interest of 7 564 668 MTn over the full term.

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Mortgage Calculator

USD

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

$67,304

PITI

Principal + Interest

$61,470

68% goes to interest

Total Interest

$7,564,668

over 15 years

Monthly Breakdown

Principal & Interest$61,470

Property Tax (1.1%/yr)$4,010

Homeowner's Insurance (0.5%/yr)$1,823

Total Monthly$67,304

Principal vs Interest Split

32% principal

68% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

Reviewed by

Aisha Rahman, CFP®, MBA LinkedIn ↗

CFP® with 12+ years in mortgage & retirement planning.

Local context

Crédito habitaçãos in Mozambique

Typical loan

3 500 000 MTn

in Mozambique

Typical rate

20% p.a.

prime borrower, 2026

Typical term

15 years

most common

Market overview

Mozambique's mortgage market is led by Standard Bank Moçambique, BIM Millennium (Banco Internacional de Moçambique), Absa Moçambique, BCI (Banco Comercial e de Investimentos) and Banco Único, with Fundo para o Fomento da Habitação (FFH) the state housing fund. The Banco de Moçambique held its MIMO policy rate at 12.75% through 2026 after a multi-year disinflation cycle following the 2016 hidden-debt crisis. Maputo, Matola and the gas-driven Cabo Delgado/Pemba corridor dominate demand, with the start-up of Coral South and Rovuma LNG creating significant expatriate and contractor housing needs.

Why 20% is the typical rate

Mortgage rates of 19–21% sit several points above the MIMO rate of 12.75%, reflecting Mozambique's post-debt-distress credit spreads and the lingering effects of the IMF Extended Credit Facility programme.

Tax & regulatory notes

SISA (property transfer tax) is levied at 2% under the Código do SISA, alongside stamp duty of 0.2–2% under the Código do Imposto do Selo. The Lei de Terras (Law 19/97) reserves all land ownership to the State, granting only renewable Direitos de Uso e Aproveitamento da Terra (DUAT) for up to 50 years renewable. FFH and the Programa Nacional de Habitação provide concessional finance for first-time buyers in approved developments.

🧮 Worked example

A MT 3,500,000 mortgage at 20.0% over a 15-year term

Loan amount

3 500 000 MTn

Annual interest rate

20%

Term

15 years (180 months)

Monthly payment

61 470 MTn

Total interest paid

7 564 668 MTn

Total paid (principal + interest)

11 064 668 MTn

❓ FAQ (Mozambique)

Common questions in Mozambique.

What is a DUAT and how does it interact with a mortgage?

A Direito de Uso e Aproveitamento da Terra is a renewable 50-year right of use granted by the State under the 1997 Land Law. Mortgages in Mozambique attach to the DUAT and any improvements on the land, not to freehold land — which does not exist.

How is the LNG boom affecting Mozambican mortgages?

The start-up of Coral South FLNG and progress toward Rovuma LNG has created strong residential demand in Pemba, Palma and Maputo from contractors and returning expatriates. Banks have started offering USD-indexed mortgages to mitigate borrower metical-depreciation risk.

Are mortgages available in metical or only in foreign currency?

Both — most retail mortgages are denominated in MZN, but Standard Bank and BIM also offer USD or ZAR-linked products to qualifying borrowers with foreign-currency income, often at materially lower rates.

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