Mortgage calculator: home finance installments in Egypt | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Do the maths with Banky

Mortgage calculator

Work out your home-finance installment under the programs banks offer today — CBE initiatives and market rates — and compare your numbers with each bank's limits.

  1. 1Pick a program or type a rate
  2. 2Enter the price, down payment and term
  3. 3Compare the installment at each bank
Finance program

The CBE initiative at a rate fixed for the whole term on a reducing balance. Income and unit-price caps are not checked here — see each bank's terms.

The result updates as you type.

Monthly installment 6,175EGP

At 8% — the lowest installment among 7 of 9 banks whose recorded limits your numbers fit.

Amount financed 800,000EGP
Down payment 200,000EGP
Total interest 1,052,359EGP
Total you pay 2,052,359EGP

Banks offering this program

Within the recorded limits of 7 of 9 banks
  • banque du caire Middle Income 8%
    • Finances up to 85% (at least 15% down)
    • Loan cap not stated
    • Up to 30 years
    • Installment up to 50% of income
    • 2.5% admin fee
    6,175 EGP a month · 8%
  • National Bank of Egypt Low Income 8%
    • Finances up to 80% (at least 20% down)
    • Up to EGP 1,400,000
    • Up to 30 years
    • Installment up to 40% of income
    • Income of at least EGP 10,000
    • 1% admin fee
    6,175 EGP a month · 8%
  • National Bank of Egypt CBE's Mortgage Finance Initiative Middle income 8%
    • Finances up to 80% (at least 20% down)
    • Up to EGP 2,500,000
    • Up to 30 years
    • Installment up to 40% of income
    • Income of at least EGP 10,000
    • 1% admin fee

    Monthly income : Net monthly income up to EGP 40,000 for an individual and EGP 50,000 for a household. Age : The borrower’s age shall be at least 21 years on the loan granting…

    6,175 EGP a month · 8%
  • SUEZ CANAL BANK Middle Income 8%
    • Finances up to 80% (at least 20% down)
    • Up to EGP 1,120,000
    • Up to 30 years
    • Installment up to 40% of income(usual cap — not stated by the bank)
    6,175 EGP a month · 8%
Installment / income —

Lowest net monthly income for this installment: EGP 12,349 (at banque du caire — installment up to 50% of income)

The same unit under every program — lowest installment within recorded limits

Where your installments go

Principal 800,000 EGP (43.2%) Interest 1,052,359 EGP (56.8%)

Year by year
YearPaidPrincipalInterestBalance
Year 174,09410,47363,622789,527
Year 274,09411,34262,752778,185
Year 374,09412,28361,811765,902
Year 474,09413,30360,791752,599
Year 574,09414,40759,687738,192
Year 674,09415,60358,491722,589
Year 774,09416,89857,196705,691
Year 874,09418,30055,794687,390
Year 974,09419,81954,275667,571
Year 1074,09421,46452,630646,106
Year 1174,09423,24650,848622,861
Year 1274,09425,17548,919597,685
Year 1374,09427,26546,829570,420
Year 1474,09429,52844,567540,893
Year 1574,09431,97942,116508,914
Year 1674,09434,63339,462474,281
Year 1774,09437,50736,587436,774
Year 1874,09440,62033,474396,153
Year 1974,09443,99230,102352,161
Year 2074,09447,64326,451304,518
Year 2174,09451,59822,497252,921
Year 2274,09455,88018,214197,040
Year 2374,09460,51813,576136,522
Year 2474,09465,5418,55370,981
Year 2574,09470,9813,1130

Estimates only. Programs and limits come from each bank's home-finance products on Banky and are not an approval; income and unit-price caps are in each bank's own terms and are not checked here. The installment excludes admin fees and the maintenance deposit.

About this calculator

Home finance in Egyptian banks comes in two kinds: subsidised CBE initiatives at a rate fixed for the whole term, and finance at the bank's market rate. Both are computed on a reducing balance — each month's interest is charged only on what is still owed.

Initiatives cap the borrower's individual and family income and the unit's price, and require a finished home for permanent residence. Market-rate finance has no income cap but costs far more.

Why a calculator of its own? Personal and car loans are usually quoted flat, on the full amount, over a few years; home finance runs up to 30 years and every bank sets its own financing share, term and installment-to-income ceiling — so the installment differs widely at the same headline rate.

Home-finance programs available now

26 programs at 10 banks on Banky:

ProgramRateBanks
8% Initiatives under3% – 7.5%4
8% initiative8%9
12% initiative12%6
Market rate24% – 28%2
Compare loans now

FAQs

Is the initiative rate fixed for the whole term?

Yes — the initiative rate is subsidised, fixed for the whole term and charged on a reducing balance.

What does “net income” mean?

Income after tax and social insurance. When the income certificate shows the gross figure, banks usually deduct a share of it to estimate the net.

Why are my numbers outside a bank's limits?

Each bank has recorded limits — the largest share of the price it finances, the largest amount, the longest term and the highest installment-to-income ratio. The limit your numbers break is flagged; try a larger down payment, a longer term or another program. Being within the limits is not an approval: income and unit-price caps are in each bank's own terms.

Does the installment include admin fees and the maintenance deposit?

No — it is computed on the amount financed only. Some banks spread admin and maintenance fees over the term at the initiative rate; check the bank's product details.

Related calculators

Loan eligibility Check your debt-to-income ratio and how many loan products you qualify for. Maximum loan Estimate the largest amount you could borrow and the monthly payment. Loan repayment Work out the monthly installment, total interest, effective APR and schedule.