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PakCalc

Mortgage Calculator — Home Loan Instalment

Planning to buy a house or flat on bank finance? Enter the price, your down payment and the bank's rate to see the monthly instalment and what the loan costs over its life.

Updated

PKR
%
%
years

Result

Rs 130,570 / month

Monthly instalment: Rs 130,570 for 240 months on a Rs 10,500,000 loan

Down payment
Rs 4,500,000 (45 lakh)
Loan amount
Rs 10,500,000 (1.05 crore)
Total interest
Rs 20,836,724 (2.08 crore)
Total cost (down payment + instalments)
Rs 35,836,724 (3.58 crore)
Repayment by year
YearPrincipal paidInterest paidBalance
1Rs 103,298Rs 1,463,538Rs 10,396,702
2Rs 118,725Rs 1,448,112Rs 10,277,977
3Rs 136,455Rs 1,430,381Rs 10,141,522
4Rs 156,834Rs 1,410,002Rs 9,984,688
5Rs 180,256Rs 1,386,581Rs 9,804,432
6Rs 207,175Rs 1,359,661Rs 9,597,257
7Rs 238,115Rs 1,328,721Rs 9,359,142
8Rs 273,676Rs 1,293,160Rs 9,085,465
9Rs 314,547Rs 1,252,289Rs 8,770,918
10Rs 361,523Rs 1,205,314Rs 8,409,395
11Rs 415,513Rs 1,151,323Rs 7,993,882
12Rs 477,567Rs 1,089,270Rs 7,516,316
13Rs 548,887Rs 1,017,949Rs 6,967,428
14Rs 630,859Rs 935,977Rs 6,336,569
15Rs 725,073Rs 841,763Rs 5,611,496
16Rs 833,357Rs 733,479Rs 4,778,138
17Rs 957,812Rs 609,024Rs 3,820,326
18Rs 1,100,854Rs 465,982Rs 2,719,472
19Rs 1,265,258Rs 301,578Rs 1,454,214
20Rs 1,454,214Rs 112,622Rs 0
  • Banks may add processing fees, insurance and (for cars) registration costs that are not included here.

For information only — not financial, tax or legal advice. Verify rates and figures with your bank, FBR or another official source before making decisions.

About this calculator

Most Pakistani banks ask for a 15–30% down payment and offer tenures up to 20–25 years, usually at KIBOR plus a margin.

Formula

Loan = Price − Down payment

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

r is the monthly rate (annual rate ÷ 12 ÷ 100) and n is the number of months. Islamic home finance (diminishing musharakah) uses a rent rate instead of interest, but instalments work out the same way.

Examples

  • Rs 1.5 crore house, 30% down, 14%, 20 years

    Monthly instalment: Rs 130,570 for 240 months on a Rs 10,500,000 loan

  • Rs 80 lakh flat, 20% down, 12%, 15 years

    Monthly instalment: Rs 76,811 for 180 months on a Rs 6,400,000 loan

Important information

  • Most home loans in Pakistan are variable-rate, linked to KIBOR, so the instalment changes when KIBOR is reset (usually yearly).
  • A bigger down payment or shorter tenure sharply reduces the total interest you pay.

Frequently asked questions

How much down payment do banks require?

Typically 15–30% of the property value, depending on the bank and scheme.

Is the rate fixed?

Usually not. Most are KIBOR + margin, reset once a year. Some banks offer a fixed rate for the first few years.

Can I pay off early?

Most banks allow partial or full prepayment, sometimes with a fee. Prepaying early in the loan saves the most interest.

Does this include insurance and fees?

No. Add property and life insurance, processing and legal fees separately.

Learn more

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