Mortgage Calculator
Calculate your monthly payment instantly with current bank rates and compare banks
Mortgage Calculator
Estimated monthly payment, total cost and bank comparison
Down Payment Amount: 200.000 TL
Current bank monthly mortgage rate (e.g. 2.89%)
Max 20-year term for housing loans
Higher down payment means lower monthly payment and total interest. Minimum 10% per BDDK.
Monthly Payment
47.292 TL
120 months · %2.49 Monthly Interest Rate
Loan Amount
1.800.000 TL
Total Repayment
5.675.011 TL
Total Interest
3.875.011 TL
Additional Costs
This calculation is an estimate. Exact installments, interest rates, and costs vary by bank offer. KKDF and BSMV do not apply to housing loans.
What You Need to Know About Housing Loans
KKDF and BSMV do not apply to housing loans — this reduces your cost.
BDDK regulations allow higher loan ratios for energy-efficient homes.
Higher down payment means lower monthly payment and total interest.
Longer terms mean lower monthly payments but higher total interest.
Participation banks apply profit share instead of interest.
The Mortgage Process Step by Step
- 1
Budget Planning
Determine your down payment. Minimum 10% per BDDK. Set aside extra for deed fee, appraisal, and insurance.
- 2
Credit Score Check
Your credit score should be 1100+. A pre-application does not affect your score.
- 3
Property Selection
Tapu must have condominium or construction servitude + occupancy permit. No loans for land titles. Encumbered titles rejected.
- 4
Documents
ID, proof of residence, income proof (payroll/tax certificate), tapu copy, DASK policy.
- 5
Bank Application
Pre-apply at branch or mobile app. Submit documents, result in 3–7 business days.
- 6
Appraisal
Bank sends a licensed appraiser. Market value determined. Loan = appraisal × 90% (max). You pay the fee.
- 7
Loan Approval
Bank offer: rate, term, payment, costs. Read everything before signing.
- 8
Deed & Mortgage
At the tapu office: buyer + seller + bank. Deed fee (4%), DASK, mortgage registration, payment to seller.
- 9
Monthly Payments
Monthly installments begin. Early closure: 1% (under 36 months) or 2% (over). Mortgage released when loan is paid off.
Additional Costs of Housing Loans
Deed Fee
4% of sale price (buyer 2% + seller 2%). Paid at the tapu office.
Allocation Fee
5‰ of loan amount. Legal maximum. Deducted from the loan by the bank.
Appraisal Fee
8,000–15,000 TL (2026). Paid to licensed appraisal firm. Non-refundable.
DASK
1,500–3,000 TL/year. Mandatory earthquake insurance. Varies by m².
Mortgage Registration
500–3,000 TL. Paid at the tapu office. Release fee applies when loan ends.
Home Insurance
Fire, theft, water damage. Required by some banks. Renewed annually.
Life Insurance
Covers remaining debt in case of death. Varies by age and loan amount. Mandatory at some banks.
Find Properties in Your Budget
Browse sale listings that fit your budget and calculate your mortgage
Browse Properties