Home Loan EMI Calculator Pakistan 2026: Banks, Rates and Guide
March 2026 · 8 min read
Quick Answer
On a PKR 50 lakh home loan at 15.5% for 15 years your monthly installment is approximately PKR 71,700. Meezan Bank's Easy Home (Diminishing Musharakah) is priced at 12-month KIBOR + 3% for salaried customers, about 15-16% at current KIBOR.
Pakistan Home Loan EMI Chart (15.5% Rate)
Monthly installment guide for common home loan amounts in Pakistan.
| Loan Amount | 10 Years | 15 Years | 20 Years |
|---|---|---|---|
| PKR 25 Lakhs | ₨ 41,103 | ₨ 35,850 | ₨ 33,847 |
| PKR 50 Lakhs | ₨ 82,205 | ₨ 71,700 | ₨ 67,694 |
| PKR 1 Crore | ₨ 1,64,411 | ₨ 1,43,399 | ₨ 1,35,388 |
| PKR 2 Crore | ₨ 3,28,821 | ₨ 2,86,798 | ₨ 2,70,776 |
| PKR 3 Crore | ₨ 4,93,232 | ₨ 4,30,197 | ₨ 4,06,164 |
Top Home Loan Banks in Pakistan 2026
Compare the leading home loan products available in Pakistan.
| Bank | Type | Starting Rate | Max Tenure |
|---|---|---|---|
| Meezan Bank | Islamic (DM) | 15.5% (KIBOR + 3%) | 20 years |
| HBL | Conventional | 21% | 20 years |
| UBL | Conventional | 21.5% | 20 years |
| MCB Bank | Conventional | 22% | 15 years |
| Bank Alfalah | Both | 21-22% | 20 years |
| Askari Bank | Conventional | 22% | 20 years |
Wazir-e-Azam Apna Ghar Program (Mera Ghar Mera Ashiana)
The government of Pakistan offers subsidised home financing under the Wazir-e-Azam Apna Ghar Program (formerly Mera Ghar Mera Ashiana) through State Bank participating banks. Loans up to PKR 10 million are available at a fixed 5% rate for the first 10 years (then 1-year KIBOR + 3%) for first-time buyers, for up to 20 years with a 10% down payment. Check with your bank whether this scheme is currently active and funded.
Calculate Your Home Loan Installment Free
Use our free mortgage calculator — select PKR Pakistani Rupee from the currency menu.
Calculate EMI Free →Frequently Asked Questions
What are current home loan rates in Pakistan 2026?
Home loan rates in Pakistan in 2026 are priced off the 12-month KIBOR (about 12.1% to 12.6% in early October 2026) plus a spread of roughly 3% to 4%, so most home finance costs about 15% to 17%. Islamic banks offer Diminishing Musharakah at comparable effective rates.
Which banks offer the best home loan in Pakistan?
Top home loan providers in Pakistan include Meezan Bank (Islamic), HBL, UBL, MCB, Bank Alfalah and Askari Bank. Meezan Bank is the largest Islamic home finance provider. HBL and UBL offer competitive conventional rates.
What is the maximum home loan tenure in Pakistan?
Most Pakistani banks offer home loans for up to 20 years. Some offer up to 25 years for select premium properties. The loan must be fully repaid before the borrower reaches age 60-65 depending on the bank.
What documents do I need for a home loan in Pakistan?
You need CNIC, salary slips for 3-6 months, bank statements for 6-12 months, income tax returns, employment letter, property documents and valuation report. Self-employed borrowers need business financial statements.
What is the difference between Islamic and conventional home loans in Pakistan?
Islamic home finance uses Diminishing Musharakah where the bank and customer jointly own the property and the customer gradually buys the bank's share. Conventional loans charge interest directly. Both have similar effective costs but Islamic financing is Shariah-compliant.