Home Loan Calculator Pakistan
Estimate your monthly installment for bank house financing — conventional or Islamic. Adjust the price, down payment, rate and tenure to see what fits your budget.
Pakistani banks typically require 15–30% down payment.
Rates track KIBOR / SBP policy rate — check current bank rates before deciding.
Estimate only, using standard amortization. Actual bank offers include processing fees, property takaful/insurance and life coverage, and Islamic products calculate rent/unit purchase differently. Always compare official bank quotations.
How home financing works in Pakistan
Pakistani banks finance houses, flats and construction through two main structures. Conventional banks charge markup linked to KIBOR (the Karachi Interbank Offered Rate) plus a spread, while Islamic banks — led by Meezan Bank's Easy Home — use diminishing musharakah, where the bank and customer jointly own the property and the customer gradually buys out the bank's share. In both cases you pay a monthly installment over a tenure of typically 3 to 25 years.
Because rates follow the State Bank's policy rate, your quoted rate can change at each reset period (commonly every 6 or 12 months). When budgeting, test your installment at a couple of percentage points above today's rate to make sure you can absorb a rise.
Major home financing providers
- Meezan Bank (Easy Home) — the largest Islamic housing portfolio in the country.
- HBL (HomeValue), Bank Alfalah, MCB, UBL — major conventional and Islamic-window options.
- Faysal Bank — fully Islamic financing products.
- HBFC (House Building Finance Company) — the specialist state-owned housing financier, often relevant for lower-income segments.
For a full walkthrough of eligibility, documents and hidden costs, read our complete home loan guide for Pakistan or compare banks on our home financing page. When you're ready, browse properties for sale and use this calculator on any listing you like.
Frequently Asked Questions
How is a home loan installment calculated in Pakistan?
Banks use standard amortization: the financing amount, the annual markup or profit rate (usually KIBOR plus a bank spread of 2–4%), and the tenure in months determine a fixed monthly installment. Early installments are mostly markup; later ones are mostly principal. Islamic banks reach a similar installment through diminishing musharakah (joint ownership with monthly rent and unit purchase).
How much down payment do I need for house financing in Pakistan?
Most banks finance 70–85% of the property value, so you need 15–30% as down payment plus transaction costs (transfer fees and taxes, typically another 5–8% of the price). A larger down payment lowers both your installment and the total markup you pay.
What income do I need to qualify for a home loan?
Banks generally cap your total monthly debt obligations at 40–50% of net verified income. As a rule of thumb, your net monthly income should be at least double the expected installment. Salaried applicants need salary slips and bank statements; self-employed applicants need business bank statements and tax returns.
Is Islamic home financing cheaper than a conventional home loan?
Not automatically — Islamic and conventional products are usually priced similarly because both reference KIBOR. The difference is structural: in diminishing musharakah the bank co-owns the property and you buy its share over time while paying rent on the remaining share. Compare the total payable amount and fees of specific offers rather than assuming either is cheaper.
Can overseas Pakistanis get home financing?
Yes. Several banks offer non-resident home financing, and the Roshan Apna Ghar scheme through Roshan Digital Accounts was designed specifically for overseas Pakistanis, covering both ready and under-construction property.