An Egypt mortgage calculator that models a home loan the way Egyptian banks assess it: your monthly repayment in EGP, your loan-to-value ratio (LTV), total interest over the term, and an affordability check against the typical 40% debt-to-income limit. It works for both standard commercial mortgages and the subsidised Central Bank of Egypt (CBE) social-housing initiative.
How it works
The loan amount is the price minus your deposit. Repayments use the standard amortising formula:
M = P * r / (1 - (1 + r)^-n)where P is the loan, r is the monthly rate (annual rate divided by 12) and n is the number of months.
Two local rules shape the result:
- LTV = loan / property value. Egyptian lenders typically finance up to 80 to 90% of the price, so a deposit of 10 to 20% is common.
- Affordability uses the 40% debt-to-income guide. The minimum income shown is the monthly repayment divided by 0.40 — the income a bank would usually want to see before approving the loan.
Example and notes
Buy a 2,000,000 EGP flat with a 400,000 EGP deposit at 18% over 20 years. The loan is 1,600,000 EGP, LTV is 80%, and the monthly repayment is about 24,700 EGP. To stay within the 40% rule you would need a net income of roughly 61,800 EGP a month. Switch the rate to the CBE initiative 8% and the repayment drops to about 13,400 EGP.
This is a principal-and-interest estimate. It excludes insurance, arrangement and registration fees, and any subsidy eligibility limits. All figures are calculated locally in your browser.