Mortgage Affordability Calculator
Car, personal loans, etc.
The Bank of Israel forbids a payment above 50% of disposable income, and above 40% banks treat the loan as higher risk. Most banks approve 30%–40%.
All cash for the purchase: down payment, purchase tax and closing costs
Effective: 4.91%. Enter the nominal rate from your bank offer. The effective rate (with monthly compounding) is shown for comparison only.
= 30 years
Lawyer, agent, appraisal, etc.
Max property price
₪2,194,282
Mortgage amount
₪1,645,712
Max monthly payment
₪8,750
Limited by your equity / financing cap
Your monthly payment could repay a mortgage of up to ₪1,667,730, but banks finance at most 75% of the price, so your equity sets the price. To buy more, you'd need more equity.
Deal breakdown
- Max loan by repayment ability
- ₪1,667,730
- Max loan by equity (financing cap)
- ₪1,645,712
- Loan-to-value (LTV)
- 75%
- Down payment from equity
- ₪548,571
- Purchase tax
- ₪7,544
- Closing costs
- ₪43,886
- Monthly payment on this mortgage
- ₪8,634
This is an estimate. The bank decides the mortgage amount after checking your income, credit history, the property appraisal and more.
Check this loan in the mortgage calculator- Mortgage amount₪1,645,712
- Down payment from equity₪548,571
- Tax & costs₪51,429