Turkey Tool
Mortgage Calculator
Compare Turkish bank rates across TRY (~38-40%), USD (~8-9%) and EUR (~7-8%) products. Foreign-buyer LTV caps (50%) vs resident caps (80%).
Loan $150,000 · 50.0% LTV
State-owned; widest foreign-buyer approval. Slower process but lower refusal rate.
8.50%
Max LTV: 50%
Monthly Payment
$1,860
Loan Amount
$150,000
50.0% LTV
Deposit
$150,000
Total Interest
$73,174
Total Paid
$223,174
Effective Rate
8.50%
Interest-to-Loan
49%
LTV Status
OK
Cap 50%
Amortisation
Principal vs interest over the life of the mortgage.
Bank Comparison — USD 5-yr Fixed
Monthly payments across Turkish banks for $150,000 over 10 years.
| Bank | Rate | Monthly | Total Interest | Max LTV (foreigner) |
|---|---|---|---|---|
| Ziraat BankasıBest | 8.50% | $1,860 | $73,174 | 50% |
| Garanti BBVA | 8.80% | $1,884 | $76,073 | 50% |
| İşbank (İş Bankası) | 9.00% | $1,900 | $78,016 | 50% |
| Akbank | 9.20% | $1,916 | $79,969 | 50% |
| Yapı Kredi | 9.30% | $1,925 | $80,949 | 50% |
| QNB Finansbank | 9.50% | $1,941 | $82,916 | 50% |
| TEB (BNP Paribas) | 9.50% | $1,941 | $82,916 | 50% |
| DenizBank | 9.80% | $1,966 | $85,882 | 50% |
Turkey Mortgage Notes
TCMB policy rate 35.00% (Q1 2026). TRY mortgages look extreme but real rates are near zero — inflation eats the payment. USD/EUR mortgages offer lower rates but shift FX risk to you. Foreign-buyer LTV typically capped at 50%.