What is the monthly installment on Rs. 1 Crore home loan in Pakistan?

On a Rs. 1 Crore loan at 18% over 20 years, the monthly installment is approximately Rs. 1,56,000. Total repayment over 20 years is approximately Rs. 2.75 Crore.

Pakistan Home Loan Calculator 2026 | Islamic & Conventional Mortgage

Q: Which bank is best for home loan in Pakistan 2026?

Meezan Bank is most popular for Islamic home finance. HBL, MCB and NBP are widely used for conventional loans. Compare rates and processing fees before choosing.

Q: What is the difference between Islamic and conventional home loan in Pakistan?

Islamic home finance uses Diminishing Musharakah — bank and customer jointly own the property. Customer pays rent and gradually buys the bank share. Conventional loans charge interest. Both have similar rates but different structure.

Q: What is Mera Pakistan Mera Ghar scheme?

MPMG is a government-subsidized home finance scheme offering lower rates for properties up to Rs. 5 million for low and middle income families.

🏠 Pakistan Home Loan Calculator 2026

Property Value (Rs.)

Down Payment (Rs.)

Annual Rate (%)

Loan Term

Monthly Installment

Loan Amount

Total Interest

Total Repaid

Property Value-

Down Payment-

Loan Amount-

Monthly Installment-

Total Interest / Profit-

Total Repayment-

📊 Pakistan Home Loan Examples 2026

Based on 18% annual rate, 20-year term, 30% down payment. Source: SBP 2026.

Property Value	Down (30%)	Loan Amount	Monthly (20yr)	Total Interest
Rs. 50 Lakh	Rs. 15 Lakh	Rs. 35 Lakh	Rs. 54,700/mo	~Rs. 96 Lakh
Rs. 1 Crore	Rs. 30 Lakh	Rs. 70 Lakh	Rs. 1,09,400/mo	~Rs. 1.93 Cr
Rs. 2 Crore	Rs. 60 Lakh	Rs. 1.4 Crore	Rs. 2,18,800/mo	~Rs. 3.85 Cr
Rs. 5 Crore	Rs. 1.5 Crore	Rs. 3.5 Crore	Rs. 5,47,000/mo	~Rs. 9.63 Cr

🏦 Major Bank Home Finance Rates Pakistan 2026 (Approximate)

Bank	Rate (approx)	Type	Max Tenure
Meezan Bank	17–19%	Islamic	20 years
HBL	17–20%	Conventional	20 years
MCB	17–19%	Conventional	20 years
NBP	16–18%	Conventional	20 years
Bank Islami	17–19%	Islamic	20 years

* Rates are approximate and change with SBP policy rate. Verify with your bank before applying. SBP policy rate: 12% (2026).

🏠 Pakistan Home Loan Rules 2026

Rule	Details
Minimum down payment	20–30% (bank dependent)
Maximum loan tenure	20 years
SBP policy rate (2026)	12%
Typical bank rate	SBP rate + 4–7%
Max loan to value (LTV)	70–80% of property value
Mera Pakistan Mera Ghar	Subsidized scheme available

💡 Pakistan Home Loan Tips 2026

Islamic vs Conventional Finance

Islamic home finance (Diminishing Musharakah) is Shariah-compliant — the bank and you jointly own the property. You pay rent on the bank's share and gradually buy it out. Meezan Bank and Bank Islami are popular choices. Rates are similar to conventional but structured differently.

SBP Policy Rate Impact

Pakistan home loan rates are typically SBP policy rate + 4-7%. With SBP rate at 12% in 2026, typical bank rates are 17-19%. As SBP cuts rates, your floating rate loan gets cheaper automatically.

Mera Pakistan Mera Ghar Scheme

The government's MPMG scheme offers subsidized home loans at reduced rates for low and middle income earners for homes up to Rs. 5 million. Check with your bank or NAPHDA for eligibility and current availability.

20% Down Payment Minimum

Most Pakistani banks require 20-30% down payment. A larger down payment reduces your monthly installment and total interest paid significantly. Save at least 25-30% before applying.

Pakistan Home Loan FAQs 2026

What is the current home loan rate in Pakistan 2026?

Pakistan home loan rates in 2026 are approximately 17-20% per year depending on the bank and loan type. Rates are linked to the SBP policy rate (12% in 2026) plus a bank spread of 4-8%.

What is the difference between Islamic and conventional home loan in Pakistan?

Conventional loans charge interest (riba) which is prohibited in Islam. Islamic home finance uses Diminishing Musharakah — the bank and customer jointly own the property. The customer pays rent and gradually buys the bank's share. The end result is similar but the structure is Shariah-compliant.

Which bank is best for home loan in Pakistan 2026?

Meezan Bank is the most popular for Islamic home finance. For conventional loans, HBL, MCB, and NBP are widely used. Compare rates, processing fees, and prepayment terms before choosing. Meezan consistently ranks highest for customer satisfaction in home finance.

What is the monthly installment on Rs. 1 Crore home loan?

On a Rs. 1 Crore loan at 18% over 20 years, the monthly installment is approximately Rs. 1,56,000. Over 20 years you pay approximately Rs. 2.75 Crore in total — including Rs. 1.75 Crore in interest/profit.

What is the minimum down payment for home loan in Pakistan?

Most Pakistani banks require 20-30% down payment. On a Rs. 1 Crore property, you need Rs. 20-30 Lakh upfront. Some banks offer 15% for first-time buyers under special schemes.

What is Mera Pakistan Mera Ghar scheme?

Mera Pakistan Mera Ghar (MPMG) is a government-subsidized home finance scheme offering lower rates for properties up to Rs. 5 million. The scheme is available through designated banks and aims to promote home ownership for low and middle income families.