Home Loan Calculator



Your estimated monthly payment

Rs.  70.000

The value is based on Equated Monthly Installment (EMI)

Let us help you for a fast and hassle free loan application


The values shown above are estimates only. The interest rate applied for the above calculation is the 5 year fixed housing loan interest rate and is subject to the assignment of salary to the bank. The final interest rate will be determined by the bank upon receipt of your supporting documents and evaluation.


What is a Mortgage/Home Loan?
A mortgage or home loan is a loan taken out to purchase property or land. Once a mortgage is obtained, the borrower must repay the loan amount along with interest to the lender. If the borrower fails to repay the loan, ownership of the property or land will transfer to the lender

How much can I borrow?
The amount that can be borrowed is ultimately determined by the lender and depends on factors such as your income, other loans you may have, and your current expenses.

What documents do I require to apply for a Home Loan?
Below are some of the documents that banks will request before approving your loan:

  • Copy of your National Identity Card (NIC) or Passport
  • Last three months' salary slips
  • Letter from your employer confirming your personal details
  • Bank account statements for the accounts to which your salary was deposited over the last three months
  • Details of any other loans you currently have
  • Marriage Certificate (for joint applicants)

I have a property that I'm interested in. Will you arrange the purchase for me?
The bank will only facilitate the loan, and you will need to arrange the purchase of the property by directly contacting the property's advertiser or agent. Once the property owner or agent accepts your offer, you can then contact the bank regarding the loan.

A home loan calculator is a valuable tool that can help you to make informed decisions about your home loan. If you are considering purchasing a home, we encourage you to use a home loan calculator to get started.

Home Loan Calculator

LankaPropertyWeb's user-friendly mortgage calculator is at your service, tailored to help you calculate your monthly home loan commitments in the world of real estate. Your monthly payment amount depends on your selected repayment strategy and the prevailing interest rate. This calculator proves to be an invaluable resource when it comes to assessing your financial capacity to handle these payments and figuring out the highest loan amount you can comfortably manage, based on your current or potential real estate income.

Financing a house entirely with your own money is impossible, given the rising prices of materials and land. There's a risk of depleting your entire savings if you make an incorrect real estate investment, and there's also the potential for falling victim to real estate fraud. This is where obtaining a construction loan and using a home loan calculator becomes essential. The maximum amount for a mortgage loan varies from one bank to another, as do the interest rates they charge. However, the Central Bank regulates the upper and lower limits for loans. To attract borrowers, banks tailor their policies with various offers and discounts, particularly for the principal component based on the loan tenure.

Benefits of Using a Home Loan Calculator

There are many benefits to using a home loan calculator, including:

How do you use a home loan calculator?

To use a home loan calculator, you will need to input the following information:

Use a reputable home loan calculator by selecting one from a reliable online source. Not all calculators are created equal, so it's crucial to ensure that you are using a tool from a trusted provider. To obtain accurate results, enter precise information, including the loan amount, interest rate, and loan term. The accuracy of your calculations hinges on the accuracy of the data you input. Additionally, leverage the flexibility of a home loan calculator to consider various scenarios, such as different loan amounts, interest rates, and loan terms. This allows you to explore and compare options, aiding in the identification of the most suitable loan for your needs.