عربي Calculate your salary
Free tool · Egypt

Mortgage calculator for Egypt 2026

Hani · Founder & Tax Data Researcher · ArabTaxCalc

Enter the property price, your income and the bank's rate to see the monthly instalment, the total profit and the yearly repayment schedule. Switch to "How much will the bank lend?" to find the largest loan your salary allows under the rules in Egypt.

Short answer

Example: a property costing 3,000,000 Egyptian pounds, financed at 90% (2,700,000) over 25 years at 20% reducing, costs about 45,318 Egyptian pounds a month, with 10,895,459 in total profit. Mortgage instalments under Law 148 of 2001 count towards the 50% limit at a ratio of 40% of income. Financial Regulatory Authority Decree 111 of 2015: financing by mortgage finance companies may not exceed 90% of the residential property value (100% under the ijara system), according to a secondary source.

Finance details

Not below the regulatory minimum
The reducing-balance rate, not the flat rate
⏩Early repayment
Shortens the term and cuts the profit

Repayment schedule

The yearly schedule appears after you calculate.

How the calculation works

  • Reducing balance: each month the bank charges profit only on what you still owe, so early instalments are mostly profit and later ones mostly principal.
  • Down payment: central banks cap how much of the price a bank may lend (the loan-to-value limit). The rest is your down payment.
  • Salary deduction cap: all your instalments together may not exceed a set share of your income (the debt burden ratio). This decides the largest loan you can get.

Islamic banks call the bank's return "profit" rather than interest; the arithmetic is the same.

Home finance rules in Egypt

  • Mortgage instalments under Law 148 of 2001 count towards the 50% limit at a ratio of 40% of income.
  • Financial Regulatory Authority Decree 111 of 2015: financing by mortgage finance companies may not exceed 90% of the residential property value (100% under the ijara system), according to a secondary source.
  • Subsidised mortgage initiatives for new applications since 15 October 2025: 8% declining for low-income and 12% for middle-income applicants, instead of 3% and 8% before, according to press reports.
  • Early repayment: No numeric cap: the customer protection instructions (clause 4-1-16) require the bank not to overcharge and to set fees based on its actual cost. Enter your bank's rate in the calculator.
  • Policy rate: On 24 September 2026 the Central Bank of Egypt held the overnight lending rate at 20% and the deposit rate at 19%.

Sources

  1. Central Bank of Egypt: Supervisory Instructions, Book Four (consumer loans)
  2. Central Bank of Egypt: instructions on protecting the rights of bank customers
  3. Central Bank of Egypt: Monetary Policy Committee statement, 24 September 2026

Frequently asked questions

How much home finance will a bank give me on my salary?

Choose "How much will the bank lend?" and enter your income and existing instalments. The calculator applies the regulatory salary deduction cap in Egypt and the maximum term, then works out the largest loan and the most expensive property you can buy, with the down payment required.

What is the difference between a flat rate and a reducing rate?

A flat rate is charged on the full original amount for the whole term; a reducing rate is charged only on the balance still owed. So a 3% flat rate equals roughly 5.5% reducing over 5 years. Home finance is usually quoted at a reducing rate, personal finance at a flat rate.

How much is the down payment on a mortgage?

In Egypt: Mortgage finance company, residential purpose: 10%; Low-income initiative (at least 10% down payment): 10%; Bank, per its policy (we assumed 80%): 20%.

Is it worth repaying a mortgage early?

No numeric cap: the customer protection instructions (clause 4-1-16) require the bank not to overcharge and to set fees based on its actual cost. Enter your bank's rate in the calculator. The calculator shows the amount needed to settle after any month and how much you save.

Related calculators

Personal finance calculator for EgyptCar finance calculator for EgyptHome finance in Saudi ArabiaHome finance in the UAEHome finance in KuwaitHome finance in QatarHome finance in BahrainHome finance in OmanHome finance in JordanEgypt take-home pay calculatorGross from net salary

Results are estimates for information only. Banks set their own rates and fees within these rules, so check the offer you receive.

Send it to someone who needs it

Share this page in a second, or add the site to your phone so it opens with one tap, like an app.

Follow us on InstagramFacebook