Home Loan Calculator — Bangladesh
Estimate your monthly home-loan installment in Taka using current bank rates. See total interest over the term. No signup, no tracking.
Current rates (≈ 2026 — Bangladesh Bank policy ≈10%; verify with your bank)
| Lender / type | Typical rate | Notes |
|---|---|---|
| BRAC Bank | 12–14% | Large home-loan portfolio |
| DBBL | 12–14% | Wide branch & ATM network |
| City Bank | 12.5–14% | Flexible tenures |
| Eastern Bank (EBL) | 12–14% | Salaried-friendly |
| IDLC Finance | 12.5–14.5% | Non-bank lender |
Major lenders
- BRAC Bank — one of the largest home-loan providers, salaried and self-employed
- Dutch-Bangla Bank (DBBL) — wide branch and agent network
- City Bank — flexible tenures and top-up loans
- Eastern Bank (EBL) — competitive for salaried borrowers
- IDLC Finance — established non-bank home financier
The real cost — a worked example
Example: ৳5,000,000 home loan at 13% for 15 years
- Monthly payment: ৳63,262
- Total paid over 15 years: ৳11,387,180
- Total interest: ৳6,387,180
Key things to know
- Home loan rates track the Bangladesh Bank policy rate (≈10%) plus a bank spread, so most rates sit around 12–14%.
- Tenures typically run up to 20–25 years; a longer tenure lowers the monthly installment but raises total interest sharply.
- Islamic banks (e.g. Islami Bank, Shahjalal) offer Shariah-compliant home financing (HPSM) at comparable effective rates.
Frequently Asked Questions
How is home loan installment calculated in Bangladesh?
Banks use the reducing-balance EMI formula: P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1). Most home loans are floating, repriced as the Bangladesh Bank policy rate changes.
What is the current home loan rate in Bangladesh?
Around 12–14% per year as of 2026, reflecting the Bangladesh Bank policy rate of roughly 10% plus a bank spread. BRAC, DBBL, City Bank and EBL are major lenders.
What is the maximum home loan tenure?
Usually up to 20–25 years, subject to your age at maturity and income. A longer tenure cuts the monthly installment but significantly increases total interest.
Is Islamic home financing available?
Yes. Islami Bank Bangladesh, Shahjalal Islami and others offer Shariah-compliant home financing (HPSM/diminishing musharaka) with no interest, at broadly similar effective cost.
Can I prepay my home loan?
Yes. Partial prepayments early in the term remove large amounts of interest. Check your bank's early-settlement charge before prepaying.