Housing loan interest rates and repayments
Recently, high housing loan interest rates and rising home prices have made it difficult to take out loans. However, demand for housing is expected to increase if interest rates fall. Here are the interest rates, monthly installments, and total repayment amounts from various banks for a 1.5 million TL housing loan with a 60-month term and a 1 million TL housing loan with a 120-month term:
12punto
Stating that demand for housing could increase if interest rates decline further, it is projected that housing loan interest rates could fall below the 2 percent level starting from the second half of 2025.
Here is the 60-month repayment for 1.5 million TL by bank:
AKBANK
Interest Rate: 2.89%
Monthly Installment: 52,928.56 TL
Total Repayment: 3,197,833 TL
ING
Interest Rate: 3.15%
Monthly Installment: 55,953.01 TL
Total Repayment: 3,375,940 TL
VAKIF KATILIM
Profit Share Rate: 3.04%
Monthly Installment: 54,664.76 TL
Total Repayment: 3,297,285 TL
GARANTİ
Interest Rate: 3.06%
Monthly Installment: 54,898.06 TL
Total Repayment: 3,317,488 TL
KUVEYT TÜRK
Profit Share Rate: 3.09%
Monthly Installment: 55,248.78 TL
Total Repayment: 3,333,017 TL
QNB
Interest Rate: 2.84%
Monthly Installment: 52,355.19 TL
Total Repayment: 3,160,938 TL
ZİRAAT BANKASI
Interest Rate: 3.09%
Monthly Installment: 55,248.78 TL
Total Repayment: 3,329,800 TL
VAKIF BANK
Interest Rate: 3.30%
Monthly Installment: 57,729.61 TL
Total Repayment: 3,482,276 TL
HALK BANK
Interest Rate: 3.40%
Monthly Installment: 58,926.43 TL
Total Repayment: 3,556,785 TL
ALTERNATİF BANK
Interest Rate: 3.49%
Monthly Installment: 60,011.85 TL
Total Repayment: 3,616,511 TL
ZİRAAT KATILIM
Profit Share Rate: 3.99%
Monthly Installment: 66,177.23 TL
Total Repayment: 3,983,698 TL
DENİZ BANK
Interest Rate: 4.21%
Monthly Installment: 68,957.92 TL
Total Repayment: 4,153,074 TL
ANADOLU BANK
Interest Rate: 5.25%
Monthly Installment: 82,583.24 TL
Total Repayment: 4,970,694 TL
REPAYMENT OF 1 MILLION TL HOUSING LOAN (120 MONTHS)
AKBANK
Interest Rate: 2.89%
Monthly Installment: 29,878.54 TL
Total Repayment: 3,605,044 TL
ALBARAKA
Profit Share Rate: 3.00%
Monthly Installment: 30,889.92 TL
Total Repayment: 3,724,550 TL
İŞ BANKASI
Interest Rate: 3.15%
Monthly Installment: 32,280.98 TL
Total Repayment: 3,894,277 TL
ING
Interest Rate: 3.19%
Monthly Installment: 32,654.09 TL
Total Repayment: 3,934,750 TL
VAKIF KATILIM
Profit Share Rate: 2.99%
Monthly Installment: 30,797.66 TL
Total Repayment: 3,710,619 TL
KUVEYT TÜRK
Profit Share Rate: 3.09%
Monthly Installment: 31,722.98 TL
Total Repayment: 3,822,348 TL
YAPI KREDİ
Interest Rate: 3.49%
Monthly Installment: 35,478.30 TL
Total Repayment: 4,271,587 TL
QNB
Interest Rate: 2.84%
Monthly Installment: 29,421.45 TL
Total Repayment: 3,547,701 TL
ZİRAAT BANKASI
Interest Rate: 3.09%
Monthly Installment: 31,722.98 TL
Total Repayment: 3,819,131 TL
ALTERNATİF BANK
Interest Rate: 3.29%
Monthly Installment: 33,590.60 TL
Total Repayment: 4,044,172 TL
HALK BANK
Interest Rate: 3.40%
Monthly Installment: 34,626.53 TL
Total Repayment: 4,173,883 TL
VAKIF BANK
Interest Rate: 3.30%
Monthly Installment: 33,684.53 TL
Total Repayment: 4,058,143 TL.
