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Calculate construction loan EMI, total payment, and how much you can afford based on monthly income. Pakistani banks (HBL, UBL, MCB, Bank Alfalah, Faysal) typical rates.
Rule of thumb: EMI should not exceed 40-50% of monthly income. Banks typically approve loans where total existing + new EMIs are below this threshold.
| Bank | Loan Type | Typical Rate |
|---|---|---|
| HBL | HouseLoan | KIBOR + 3-5% |
| UBL | Address Home Loan | KIBOR + 4-5% |
| MCB | Pyara Ghar | KIBOR + 4-6% |
| Bank Alfalah | Home BTF | KIBOR + 4-5% |
| Faysal Bank | Faysal Apna Ghar | KIBOR + 4-5% |
| State Bank Schemes | Naya Pakistan Housing | Subsidized (5-7%) |
Effective rates as of 2026 typically 18-24% depending on KIBOR. Government schemes have lower rates with eligibility criteria. Always verify current rates with banks.
Pakistani banks typically lend 60-70% of construction cost, requiring 30-40% as your contribution. Maximum loan based on income — typically 50x monthly income for salaried, less for self-employed.
Approximate EMI for Rs 1 Crore @ 18% over 15 years: ~Rs 161,000/month. Over 20 years: ~Rs 154,000/month. Over 25 years: ~Rs 151,000/month. Use our calculator for exact numbers.
CNIC, income proof (salary slips/business statements), bank statements (6 months), property documents (plot ownership), construction estimate/BOQ, approved building map. Sunshine provides construction documentation needed.
Yes. Meezan, Bank Islami, Faysal Islamic offer Sharia-compliant Diminishing Musharakah for home construction. Rates similar to conventional banks but structured differently.
