Home Loans & House Financing in Pakistan
Compare Islamic and conventional home financing from Pakistan's major banks, check your eligibility, and calculate your monthly installment — free.
Installment CalculatorMajor Home Financing Providers
Meezan Bank — Easy Home
Islamic (Diminishing Musharakah)Largest Islamic housing portfolio in Pakistan; buy, build, renovate and balance-transfer options; tenors up to 25 years.
HBL — HomeValue
Conventional & Islamic windowWide branch network; financing for purchase, construction and renovation; salaried and self-employed programs.
Bank Alfalah — Home Finance
Conventional & IslamicCompetitive KIBOR-linked pricing; balance transfer facility; quick processing for salaried applicants.
MCB — Home Loans
ConventionalPurchase, construction and renovation products with flexible tenors and top-up options.
Faysal Bank — Islamic Housing
Fully IslamicShariah-compliant housing finance across purchase, construction and BTF after full Islamic conversion.
HBFC — House Building Finance Company
Specialist housing financierState-backed specialist lender, historically focused on smaller loans and lower-income segments including Ghar Pakistan schemes.
Information is indicative; products, rates and eligibility change frequently. Confirm directly with each bank before applying. MedaGhar is not a lender.
Before you apply: a 4-step checklist
- Become a tax filer. It cuts your purchase taxes sharply and improves approval odds.
- Check your debt ratio. Keep existing loan installments low — banks cap total obligations near 40–50% of net income.
- Prepare documents early. CNIC, salary slips or business proofs, 12-month bank statements and the property file move your case fastest.
- Budget beyond the installment. Processing fees, valuation, takaful/insurance and transfer taxes add several lakh on a typical purchase — estimate them with our property tax calculator.
For the complete picture — eligibility, Islamic vs conventional structures and provider comparison — read the full home loan guide.
Frequently Asked Questions
Which bank gives the best home loan in Pakistan?
There is no single best bank — pricing is KIBOR-linked and similar across major banks. Compare the effective rate (KIBOR + spread), processing fee, insurance/takaful costs, early settlement charges and approval speed for your profile. Meezan leads in Islamic financing volume, while HBL, Bank Alfalah and MCB are strong conventional options.
What is the minimum salary for a home loan in Pakistan?
Most banks expect a net monthly income of at least PKR 75,000–150,000 depending on the city and loan size, and your total monthly installments must stay within roughly 40–50% of net income. Higher income or a co-applicant increases the amount you can borrow.
How much loan can I get on my salary?
As a rule of thumb banks allow installments up to 40–50% of net income. For example, at a 45% debt ratio and PKR 200,000 net salary, you could support an installment of about PKR 90,000 — roughly PKR 60–70 lakh of financing over 20 years at typical rates. Use our calculator to model your own numbers.
Can I get house financing without being a tax filer?
Banks strongly prefer filers, and the buying process itself is more expensive for non-filers because FBR advance tax on the purchase is several times higher. Becoming a filer before applying usually pays for itself.