Housing loan installments have risen: Here is the repayment for 1 million TL
As we approach the end of the year, housing loan interest rates are back on the agenda. Depending on the interest rates offered by banks, monthly installments and total payment amounts for a 1 million TL housing loan vary. As interest rates rise, monthly installments increase, and the total repayment amount also grows. How much is the repayment for a 1 million TL loan? Here is the full list by bank...
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Housing loan interest rates vary according to the rates and maturity options determined by banks.
While monthly installments decrease as the maturity period lengthens, the total repayment amount increases.
According to bank data, the monthly repayment and total payment amounts for a 1 million TL housing loan are as follows:
AKBANK
Interest Rate: 2.89%
Monthly Installment: 29,878.54 TL
Total Payment: 3,605,044 TL
ALBARAKA
Interest Rate: 3.00%
Monthly Installment: 30,889.92 TL
Total Payment: 3,724,550 TL
İŞ BANKASI
Interest Rate: 3.10%
Monthly Installment: 31,815.84 TL
Total Payment: 3,839,600 TL
ING
Interest Rate: 3.24%
Monthly Installment: 33,121.69 TL
Total Payment: 3,990,862 TL
VAKIF KATILIM
Profit Share Rate: 2.99%
Monthly Installment: 30,797.66 TL
Total Payment: 3,710,619 TL
GARANTİ
Interest Rate: 3.03%
Monthly Installment: 31,167.07 TL
Total Payment: 3,761,153 TL
KUVEYT TÜRK
Profit Share Rate: 3.09%
Monthly Installment: 31,722.98 TL
Total Payment: 3,822,348 TL
QNB
Interest Rate: 2.84%
Monthly Installment: 29,421.45 TL
Total Payment: 3,547,701 TL
ZİRAAT BANKASI
Interest Rate: 3.09%
Monthly Installment: 31,722.98 TL
Total Payment: 3,819,131 TL
VAKIFBANK
Interest Rate: 3.30%
Monthly Installment: 33,684.53 TL
Total Payment: 4,058,143 TL
HALK BANKASI
Interest Rate: 3.40%
Monthly Installment: 34,626.53 TL
Total Payment: 4,173,883 TL
DENİZBANK
Interest Rate: 4.21%
Monthly Installment: 42,400.78 TL
Total Payment: 5,101,192 TL