Home Loan EMI Calculator — Monthly Installment in Pakistan
Calculate your home loan monthly installment (EMI), total interest and full year-by-year amortization schedule. Compare indicative 2026 bank rates in Pakistan.
Monthly EMI—
Total interest—
Total payment—
Principal Interest
Year-by-year amortization
| Year | Principal paid | Interest paid | Balance |
|---|
Indicative home loan rates in Pakistan
Sample starting rates — banks revise these often. Always confirm the current rate, processing fee and early-settlement terms with the bank before applying.
| Bank | Indicative rate (p.a.) | Max tenure | Notes |
|---|---|---|---|
| Meezan Bank | ~19–21% | 25 yrs | Islamic (diminishing musharaka) |
| HBL | ~20–22% | 25 yrs | Home finance |
| UBL | ~20–22% | 20 yrs | Ameen Islamic option |
| MCB | ~20–22% | 20 yrs | Salaried + self-employed |
| Bank Alfalah | ~20–23% | 20 yrs | Home loan |
| Faysal Bank | ~19–21% | 25 yrs | Islamic home finance |
| Bank of Punjab | ~19–21% | 20 yrs | Mera Pakistan Mera Ghar partner |
Frequently Asked Questions
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the loan amount, r the monthly interest rate and n the number of months.
What is the current home loan interest rate in Pakistan?
Rates change frequently and typically range from ~19% to ~23% per annum depending on the bank. Always confirm the current rate with the bank before applying.
What is the maximum home loan tenure in Pakistan?
Most banks offer up to 20–25 years, subject to age and income eligibility.