Türkiye Mortgage Calculator
Your loan
Pre-filled estimate: central-bank rate 37.00% plus a typical lender margin. Replace it with your lender's offer.
- Principal & interestTRY 118,729
Upfront costs
- Down paymentTRY 1,250,000
- Transfer tax%TRY 200,000
- Cash needed at purchaseTRY 1,450,000
What if interest rates change?
Your payment today is just the start. See how it could move if rates go up or down during your loan.
Your rate is fixed for the whole term, so market moves won't change your payment. Choose a variable or fixed-period loan above to see the effect — or use this to judge whether refinancing could pay off.
Loan balance over time
- Remaining balance
- Interest paid (cumulative)
- Principal paid (cumulative)
Interest rates in Türkiye
Monthly averages. Sources: Bank for International Settlements
Shows the central-bank policy rate. Mortgage rates are usually higher.
Buying a home in Türkiye: rules and costs
- Housing loans are fixed-rate; maximum loan-to-value depends on the price and the home's energy class.
- Title deed fee (tapu harcı) totals 4% of the declared value, often split between buyer and seller.
Sources: Central Bank of the Republic of Türkiye · Rules last reviewed 2026-10.
Frequently asked questions
How is the monthly mortgage payment calculated?
For an equal-payment loan, the payment is P × i × (1 + i)^n ÷ ((1 + i)^n − 1), where P is the loan amount, i the monthly interest rate and n the number of months. Taxes, insurance and fees are added on top.
What is the current average mortgage rate in Türkiye?
Türkiye does not publish an official average mortgage rate that we can track. Ask several lenders for quotes and enter the rate in the calculator.
How much does a 1-point rate rise change my payment?
On a TRY 3,750,000 loan over 10 years, going from 37.00% to 38.00% raises the monthly payment from TRY 118,729 to TRY 121,636 — about TRY 2,907 more each month.
What upfront costs should I budget for in Türkiye?
On a TRY 5,000,000 purchase, expect about TRY 200,000 in taxes and fees on top of your down payment. The breakdown is shown in the calculator above.
Can this calculator predict future interest rates?
No. The scenario tool shows a range of possible outcomes based on the band you choose. Nobody can predict rates reliably — use it to check whether you could still afford the loan if rates rise.