What is the maximum share of my salary that a mortgage instalment can take (debt burden ratio)? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is the maximum share of my salary that a mortgage instalment can take (debt burden ratio)?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

According to the Central Bank of Egypt (CBE), the customer's total instalments (including the mortgage instalment and any other loans) may not exceed 40% of their documented net monthly income. It may rise to 50% for high-income customers at some banks.

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