Morocco mortgage calculator: monthly payment and borrowing capacity
Two calculations in one: the monthly payment for a given price, or the price you can aim for with your income.
Monthly payment, insurance included
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Amount borrowed
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Total interest
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Total insurance
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Total cost of the loan
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Recommended net income (40 %)
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Maximum monthly payment
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Amount you can borrow
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Amortisation table (by year)
| Year | Principal repaid | Interest | Remaining |
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How the monthly payment is worked out
The calculator uses the formula of a fixed-rate loan with equal monthly payments, the most common kind in Moroccan banks: each month you pay interest on the remaining capital and repay part of the capital. At first interest weighs heavily; by the end almost everything goes to capital. The compulsory death and disability insurance is added on the amount borrowed.
Borrowing capacity: the 40% rule
In Morocco banks usually cap all loan payments at about 40% of the household’s regular net income, sometimes a little more for high earners. “How much can I borrow” starts from that ceiling, takes off your other loans, then works out the amount you can borrow and the price you can aim for with your down payment, once buying costs are deducted. It is an estimate: every bank also looks at job stability, age and the down payment.
Rates in 2026
The default rate (4.25%) is the middle of the 3.75% to 4.50% range offered to standard borrowers in 2026; according to Bank Al-Maghrib, the average home-loan rate across all borrowers was 4.99% in Q3 2026. Employees of large companies, civil servants and Moroccans abroad sometimes get better; riskier profiles get worse. Compare at least three banks and ask for the TEG (annual percentage rate), which includes fees and insurance.
FAQ
How big a down payment do I need in Morocco? +
Banks often lend 80 to 90% of the price, sometimes 100% for some profiles or with a state guarantee. Bring at least the buying costs (about 7% of the price), ideally another 10 to 20% of the price.
Over how many years can I borrow? +
Usually up to 25 years, sometimes 30, as long as the loan is repaid before an age limit set by the bank (often around 65 to 70).
Is the result binding on the bank? +
No. It is an indicative simulation. Only a written loan offer from the bank counts; get one before paying the seller a deposit.
Fixed or variable rate? +
A fixed rate keeps the same payment to the end and dominates in Morocco. A variable rate sometimes starts lower but follows market rates, often with a cap. On a tight budget, fixed is safer.
General information, not legal advice: have it checked by a notary, adoul or lawyer.