To make it easier for citizens of Pakistan to plan affordable housing under the Government’s Mera Ghar Mera Ashiana Scheme, we have created this free online calculator. This tool helps you quickly calculate your:
- Monthly loan installment
- Total repayment amount
- Required equity contribution
Whether you’re applying for a house loan or flat/apartment loan through any participating bank, this calculator helps you understand your monthly and overall financial commitment.
Mera Ghar Mera Ashiana Calculator
How to Use the Calculator
Follow these steps to calculate your housing loan estimate:
- Select your Loan Tier
- Tier 1: For loans up to PKR 2 million
- Tier 2: For loans above PKR 2 million up to PKR 3.5 million
- Enter your desired loan amount
- Example: 1,800,000 for Tier 1 or 3,000,000 for Tier 2
- Enter loan tenure (in years)
- Choose between 1 and 20 years
- The government provides markup subsidy for 10 years
- Click “Calculate”
- You will instantly see:
- Approximate monthly payment (EMI)
- Total payment amount over tenure
- Equity you need to pay upfront (10% of loan)
- You will instantly see:
Key Features of This Calculator
| Feature | Details |
|---|---|
| Markup Rate | Tier 1 = 5% fixed Tier 2 = 8% fixed |
| Loan Tenure | Up to 20 years |
| Monthly Payment Calculation | Based on standard EMI formula with fixed markup |
| Equity Calculation | 10% of loan amount as per LTV ratio |
| Based on Official Scheme | Matches SBP & GoP criteria for Mera Ghar Mera Ashiana Scheme |
| No processing fee | As per scheme – banks cannot charge processing or prepayment fee |
| Mobile-friendly | Works on phones, tablets and desktops |
| First-time homeowners only | For those who do not own any house/unit under their name |
Important Notes
- This calculator gives an estimated result based on provided input and scheme markup rates.
- Actual loan terms may slightly vary based on your bank's internal policies, markup subsidy timelines, and loan disbursement procedures.
- You must be a first-time home buyer to qualify for this scheme.
- You need to have a valid CNIC and should not own any house/property.
Who Can Use This Calculator?
This tool is ideal for:
- Individuals planning to apply for the Mera Ghar Mera Ashiana Scheme
- People who want to estimate monthly financial burden
- Housing applicants looking for quick loan simulation
- Agents and financial advisors helping clients under this scheme
Conclusion
This calculator is designed to help you make informed decisions about your home financing needs under the Mera Ghar Mera Ashiana Markup Subsidy Scheme. Use it freely before you approach a bank, so you're fully aware of:
- Your monthly obligations
- The total cost over time
- The amount of equity you need to provide
If you still have questions or need help applying for the scheme, contact your nearest bank or visit the official SBP or government housing scheme portal.
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