Will fixed rate mortgage solve Kenya's big home ownership riddle? 

BDConsult

You can now own a home valued at Sh1 million by paying Sh8,700 per month for a period of 25 years. FILE PHOTO | SHUTTERSTOCK

You best believe it--you can now own a home valued at Sh1 million by paying Sh8,700 per month for a period of 25 years at a 9.5 percent fixed interest rate.

For those with slightly deeper pockets, Sh70, 000 a month for a similar period and interest will see you secure a house worth about Sh8 million.

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Note: The results are not exact but very close to the actual.