Updated March 2026Mortgage Interest Rate in South Africa (2026)
11.50%
Ranked #28 of 30 • Global avg 9.11%
The average mortgage interest rate in South Africa is currently 11.50%, above the global average of 9.11% across the 30 economies tracked by NoodlePants.
Among the 30 economies tracked by NoodlePants, South Africa ranks #28 for mortgage rate — near the bottom of the global ranking.
For buyers, a 11.50% rate means roughly $11,500 in interest per year on a $100,000 mortgage, before principal.
All financial metrics for South Africa
Where South Africa ranks among 30 countries
#1
Japan
Japan1.40%
#2
Switzerland
Switzerland2.30%
#3
Spain
Spain3.60%
#4
Germany
Germany3.90%
#5
Singapore
Singapore4.00%
#6
Italy
Italy4.00%
#7
Portugal
Portugal4.00%
#8
France
France4.10%
#9
Netherlands
Netherlands4.20%
#10
Greece
Greece4.20%
#11
Malaysia
Malaysia4.30%
#12
United Arab Emirates
United Arab Emirates4.50%
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