Home loan calculator

Work out the monthly instalment on a home loan in Pakistan, or how much you could borrow on your income under the State Bank's rules.

Most bank home loans in Pakistan are priced at KIBOR plus a margin and repriced every year, so treat the result as an estimate for the current rate, not a fixed quote.

Your loan

Fills the rate and term from a bank's published pricing. You can still change every field.

1.5 crore

Rs 4,500,000 (45 lakh)

One-year KIBOR was 13.03% (offer) on 3 November 2026, and most banks add 2% to 4.25%. SBP policy rate: 12%, from 27 October 2026. The starting rate, 16.03%, is an example: KIBOR + 3%. Type the rate your bank quotes you.

Monthly instalment

Rs 146,318

240 monthly payments on a loan of Rs 10,500,000

Loan amount
Rs 10,500,000
Total interest
Rs 24,616,381
Total you repay
Rs 35,116,381

Example figures. Fees, insurance and rate changes on a floating-rate loan are not included.

Monthly instalmentRs 146,318

Year by year

What you pay each year, and what is left to repay at the end of it.

Year Loan repaid (Rs) Interest (Rs) Left to repay (Rs)
178,2531,677,56610,421,747
291,7611,664,05810,329,986
3107,6011,648,21810,222,385
4126,1741,629,64510,096,211
5147,9541,607,8659,948,257
6173,4941,582,3259,774,763
7203,4421,552,3779,571,321
8238,5601,517,2599,332,761
9279,7401,476,0809,053,021
10328,0281,427,7918,724,994
11384,6511,371,1688,340,343
12451,0491,304,7707,889,294
13528,9081,226,9117,360,386
14620,2071,135,6126,740,180
15727,2651,028,5546,012,914
16852,804903,0155,160,110
171,000,014755,8054,160,096
181,172,634583,1852,987,462
191,375,052380,7671,612,410
201,612,410143,4090

How the instalment is worked out

The calculator uses the standard formula for a loan repaid in equal monthly instalments:

Instalment = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)

  • P is the loan amount (price minus down payment).
  • r is the monthly rate, the annual rate divided by 12 (for example 15% a year is 0.0125 a month).
  • n is the number of monthly instalments (years × 12).

Each instalment pays that month's interest on the balance first, and the rest reduces the loan. Early instalments are mostly interest, and later ones mostly repay the loan.

Example: a Rs10 million loan at 16.03% over 20 years gives an instalment of about Rs139,351 a month and about Rs2.3 crore in total interest.

KIBOR on 3 November 2026

SBP's rates, % a year. Banks price most home loans on the one-year offer rate.

TenorBidOffer
1 week 11.88 12.38
2 weeks 11.89 12.39
1 month 11.93 12.43
3 months 12.20 12.45
6 months 12.42 12.67
9 months 12.49 12.99
1 year 12.53 13.03

Questions

How much can I borrow for a home in Pakistan?

SBP allows banks to finance up to 90% of the property value. Most banks finance 70% to 85%, so expect a 15% to 30% down payment.

What is the longest home loan term?

SBP's limit is 30 years. Most banks offer up to 25 years.

How much of my income can go on loan instalments?

Under SBP rules, all your consumer loan instalments together can't exceed 65% of your net disposable income. Some banks set a lower limit, such as 50%.

Why might my instalment change?

Most home loans are linked to KIBOR and repriced yearly. If KIBOR rises, your instalment rises.

How do I use this as an HBL home loan calculator?

Choose HBL, HBL Islamic HomeFinance under Bank. The rate becomes its published 1-year KIBOR + 3% to 4.2%, depending on the customer (16.03% to 17.23% with KIBOR at 13.03% on 3 November 2026), and the term is capped at 25 years. You can still change every field, and HBL's offer letter decides the actual rate and charges.

How do I use this as an MCB home loan calculator?

Choose MCB Bank, MCB Home Loan under Bank. The rate becomes its published 6-month KIBOR + 2% to 3.5%, depending on the customer (14.67% to 16.17% with KIBOR at 12.67% on 3 November 2026), and the term is capped at 25 years. You can still change every field, and MCB Bank's offer letter decides the actual rate and charges.

How do I use this as a Meezan Bank home finance calculator?

Choose Meezan Bank, Easy Home under Bank. The rate becomes its published 1-year KIBOR + 3% to 4%, depending on the customer (16.03% to 17.03% with KIBOR at 13.03% on 3 November 2026), and the term is capped at 25 years. You can still change every field, and Meezan Bank's offer letter decides the actual rate and charges.

How do I use this as an NBP home loan calculator?

Choose NBP, Saibaan under Bank. The rate becomes its published 1-year KIBOR + 2% to 3%, depending on the customer (15.03% to 16.03% with KIBOR at 13.03% on 3 November 2026), and the term is capped at 25 years. You can still change every field, and NBP's offer letter decides the actual rate and charges.

How do I use this as a Bank Islami home loan calculator?

Choose BankIslami, MUSKUN Home Finance under Bank. The rate becomes its published 1-year KIBOR + 3% (16.03% with KIBOR at 13.03% on 3 November 2026), and the term is capped at 25 years. You can still change every field, and BankIslami's offer letter decides the actual rate and charges. Its key fact statement fixes the rental rate at 12.99% for the first 3 years; the calculator uses the KIBOR rate for the whole term.

Does this work for the Apna Ghar scheme?

Use our Apna Ghar calculator: it applies the 5% fixed rate for the first 10 years, KIBOR plus 3% after that, and the Rs10 million cap.

Where can I compare banks?

See our comparison of bank home loans.

Sources