Home Finance Calculator — Qatar
Estimate your monthly home-finance installment in QAR — conventional or Islamic — at current Qatari bank rates. See total cost over the term. No signup, no tracking.
Current rates (≈ 2026 — QCB lending rate 4.35%; verify with your bank)
| Lender / type | Typical rate | Notes |
|---|---|---|
| QNB | 5–6% | Largest bank in the region |
| Commercial Bank of Qatar | 5–6% | Competitive packages |
| Doha Bank | 5–6% | Flexible tenures |
| Qatar Islamic Bank | 5–6.5% eff. | Shariah-compliant finance |
| Dukhan / Masraf Al Rayan | 5–6.5% eff. | Islamic options |
Major lenders
- QNB — the largest bank in the Middle East/Africa, broad home-finance range
- Commercial Bank of Qatar — competitive conventional mortgages
- Doha Bank — flexible tenures
- Qatar Islamic Bank (QIB) — leading Shariah-compliant home finance (Murabaha/Ijara)
- Masraf Al Rayan / Dukhan — additional Islamic options
The real cost — a worked example
Example: QR 1,500,000 home finance at 5.5% for 25 years
- Monthly payment: QR9,211
- Total paid over 25 years: QR2,763,394
- Total interest: QR1,263,394
Conventional vs Islamic, and expat rules
- The QAR is pegged to the US dollar, so Qatari rates track the US Fed and the QCB rate (4.35%). Expect 5–6% for both conventional and Islamic finance.
- Islamic finance (QIB, Masraf Al Rayan) uses Murabaha/Ijara — no interest, a transparent profit margin instead, at a similar effective cost.
- Expats can buy in designated freehold areas; banks usually require a qualifying salary and a down payment of around 20–25%.
Frequently Asked Questions
How is home finance installment calculated in Qatar?
Using the reducing-balance formula P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1). Islamic finance reaches a similar monthly figure via a profit margin (Murabaha) or lease (Ijara) instead of interest.
What is the current home finance rate in Qatar?
Around 5–6% per year in 2026. Because the QAR is pegged to the US dollar, rates track the US Fed and the QCB lending rate of 4.35%.
What is the difference between conventional and Islamic home finance?
Conventional charges interest on the balance. Islamic finance (QIB, Masraf Al Rayan) structures the deal as a sale at a fixed margin or a lease-to-own, avoiding riba. The monthly cost is broadly similar.
Can expats get home finance in Qatar?
Yes, in designated freehold zones, subject to a qualifying salary, residency, and typically a 20–25% down payment. Maximum age at maturity and salary thresholds vary by bank.
How much down payment do I need?
Commonly 20–25% for expats. A larger down payment lowers your monthly installment and total cost, and can improve the rate you're offered.