17/08/2026
Property Ownership ISN'T for everyone. You need adequate preparation and decent savings, EVEN IF you cannot save the typical 20% mortgage down-payment.
With VAT now at 20% on eligible real estate transactions, buyers would need to have enough savings to cover this. If you live hand-to-mouth (paycheck to paycheck), you're not ready or qualified for home ownership yet !!
For property prices within GHs400,000 and GHs85,000,000, the buyer's VAT obligations will typically be within GHs80,000 and GHs17,000,000, which is due immediately just around completing the transaction and not years down the line.
The DCANS Group Limited absorbs this GRA 20% VAT on your behalf, so long as you have minimum of six(6) times your computed monthly repayment amount ready to hand over at move-in time or before closing, -AND- Mortgage Repayment Period is above 5yrs.
When in doubt, always seek independent financial and/or legal advice from a qualified financial advisor or lawyer before using our services.
Learn more: https://dcansmortgage.com/vat