Mera Ghar Mera Ashiana Calculator – Find Your Monthly Installments Online

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

Select Loan Tier: Tier 1 (Up to PKR 2 Million) Tier 2 (PKR 2M to PKR 3.5M) Loan Amount (PKR): Loan Tenure (Years): 🔍 Calculate

💡 Calculation Results

📆 Monthly Payment:

💰 Total Payable Amount:

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🏦 Equity Required (10%):

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📘 How Calculations Are Done:

• Fixed markup: 5% for Tier 1, 8% for Tier 2.
• Monthly Payment (EMI) formula:
  EMI = [P × r × (1 + r)^n] / [(1 + r)^n – 1]
• Total Payable = Monthly Payment × Tenure in Months
• Equity = 10% of Loan Amount (as per 90:10 LTV ratio)

Disclaimer: These are estimated values based on official markup subsidies under the State Bank of Pakistan’s Mera Ghar Mera Ashiana Scheme. Actual figures may vary slightly depending on bank policy.

Note: As per SBP, banks’ internal pricing is based on KIBOR + 3%. However, under this scheme, the customer receives a subsidized fixed markup rate:

• Tier 1: 5% Fixed
• Tier 2: 8% Fixed

How to Use the Calculator

Follow these steps to calculate your housing loan estimate:

1. 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
2. Enter your desired loan amount
   • Example: 1,800,000 for Tier 1 or 3,000,000 for Tier 2
3. Enter loan tenure (in years)
   • Choose between 1 and 20 years
   • The government provides markup subsidy for 10 years
4. Click “Calculate”
   • You will instantly see:
     • Approximate monthly payment (EMI)
     • Total payment amount over tenure
     • Equity you need to pay upfront (10% of loan)

Key Features of This Calculator

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.

Shahzaman is a professional content writer specializing in informational and research-based articles. He focuses on creating accurate, well-structured, and reader-friendly content designed to inform users and support search engine visibility.

Muhammad Ibtihaaj

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I am Muhammad Ibtihaaj, a passionate content writer with strong expertise in government schemes and public initiatives. I love to share the latest updates on trending topics and news in Pakistan, making complex information easy to understand for everyone. My goal is to keep readers informed with fresh, reliable, and engaging content.

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