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Mortgage calculator Egypt 2026

Monthly home-loan instalment in Egypt at a declining rate, for the subsidised initiatives or a market rate. Free; everything is calculated on your device.

Initiatives usually ask for at least 20% from middle-income buyers.
Up to 20 or 25 years depending on the programme.
12% middle-income and 8% low-income initiatives (from October 2025). For a market loan type your bank's rate.
To compare the instalment with the 40% of income limit.
In shortFinancing EGP 1,000,000 over 20 years costs about EGP 11,011 a month at the 12% middle-income initiative and about EGP 8,365 at the 8% low-income one. The Central Bank of Egypt caps a mortgage instalment at 40% of your monthly income.

Instalment at the 8% and 12% initiatives

Declining rate, no fees, for EGP 1 or 2 million financed. 12% is the middle-income and 8% the low-income initiative rate for new loans from 15 October 2025; conditions vary by bank and announcement.

Financed (EGP) and rate15 years20 years25 years
1,000,000 at 8%9,5578,3657,719
1,000,000 at 12%12,00211,01110,533
2,000,000 at 8%19,11416,72915,437
2,000,000 at 12%24,00422,02221,065

How it is calculated

Financed amount = apartment price − down payment, repaid monthly at a declining rate over the whole term. The calculator shows the instalment, the interest over the term and the total you pay including the down payment.

The initiatives: from 15 October 2025 the rate is 12% declining for middle-income and 8% declining for low-income borrowers on new loans (existing loans were not affected). A published bank example: up to 80% financing (20% down) and up to 25 years for a unit up to EGP 2.5 million. Social Housing Fund units have their own conditions, and income limits differ between banks and announcements, so check the current one.

Income limit: Central Bank of Egypt rules (December 2019) cap a mortgage instalment at 40% of your monthly income.

An estimate. There are other costs: valuation, application fees and life insurance (free in the initiatives at some banks).

FAQ

How much is the instalment on a EGP 1 million mortgage over 20 years at 12%?

About EGP 11,011 a month; at the 8% initiative about EGP 8,365. Down payment and conditions depend on the bank.

What is the mortgage interest rate in Egypt in 2026?

In the initiatives, 12% declining for middle-income and 8% for low-income borrowers (October 2025 decision). Ordinary bank mortgages are at market rates and differ between banks.

How much of my salary can the instalment be?

Central Bank rules cap a mortgage instalment at 40% of your monthly income, which sets the largest loan you can get.

More calculators in English: Net salary calculator • Car loan calculator • Gold calculator • Zakat calculator. This calculator in Arabic.

Sources

  1. Hapi Journal: mortgage initiative rates raised to 12% and 8% declining, 16 October 2025 (Arabic)
  2. Enterprise: CBE raises rates on subsidized mortgage initiatives, 19 October 2025
  3. FABMISR: middle-income home loan (up to 25 years, 80% financing)
  4. Masrawy: mortgage instalments capped at 40% of income, 22 December 2019 (Arabic)