Israel mortgage calculator
Answer one question at a time to estimate your monthly mortgage payment. Your bank will confirm how its lending rules apply to your income, existing commitments and property.
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Bank of Israel rate 3.25%Prime 4.75%Next decision 23 November 2026Today's rates
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The starting figures are editable illustrations. Change any number and the payment updates straight away.
Estimated monthly payment
₪9,883
- Mortgage amount
- ₪1,800,000
- Total interest
- ₪1,164,833
- Total repaid
- ₪2,964,833
- Loan-to-value
- 75%
One fixed rate for the whole term, repaid in equal monthly payments. Israeli mortgages usually mix several tracks, and CPI-linked and prime tracks change over time. An estimate, not an offer.
Advanced: tracks, inflation and repayment method
Israeli mortgages are usually split into tracks. Set your mix, an inflation assumption and how you repay.
| Track | Share | Rate | Years | Amount |
|---|---|---|---|---|
| Prime (variable)Illustrative starting rate | ₪612,000 | |||
| Fixed, not linked (kalatz)Fixed interest; payment follows repayment method | ₪594,000 | |||
| Fixed, CPI-linked (katz)Balance follows the assumed index change | ₪594,000 |
- First monthly payment
- Monthly average in the costliest year
- Total repaid
- Interest and CPI linkage
Year-by-year schedule
| Year | Monthly (average) | Paid in the year | Interest | Owed at year end |
|---|
Starting rates are illustrative. Each rate and the annual inflation assumption stay constant in this model; real variable-rate tracks may reset. Fees, insurance and contractual index floors are excluded. The costliest-year figure is an average month, not the highest individual payment.
Questions people ask
How accurate is this calculator?
The estimates follow the inputs and assumptions shown. Actual payments depend on your contract, future rate and index changes, fees and insurance. The model does not reproduce every bank calculation or contractual index floor.
Why does a CPI-linked payment go up?
A rise in the consumer price index can increase an indexed balance and the related payments. The effect of a fall depends on the contract and any index floor. This calculator applies the entered constant annual index assumption and does not model a contractual floor.
How are debts counted in the repayment-to-income limit?
Directive 329 generally limits the payment-to-income ratio to 50%. It divides qualifying monthly repayments by recognized net monthly income after qualifying fixed obligations. Under the clarification effective October 1, 2026, repayments include existing loans secured by the same property with more than 18 months remaining. Qualifying other fixed obligations reduce income; payments already included in repayments are not deducted again. Annex A gives the detailed rules, including treatment of rent. When the payment-to-income ratio exceeds 40% of recognized disposable income, Directive 329 requires a 100% risk weight. This may affect pricing, but does not prescribe a fixed customer-rate increase.
Bank of Israel Directive 329, sections 5–6 and Annex A; Circular 2840, sections 9–10; Circular 2852, postponement to 1 October 2026.
What rate should I enter?
The earlier August 2026 average has not been verified. Enter a rate from your bank or an explicit illustration; the result is not a loan offer.
Mortgage and finance articles
From the Semerenko Group blog. The most relevant to this page first, and new articles appear here as we publish them.
How Mortgage Rate Changes Affect What You Can Afford, and How You NegotiateArticle · - Israel Mortgage Comparator: How To Choose Your Tracks In 2026Article ·
- Israel Cut Rates Again, But Mortgages Barely Feel ItNews ·
- Early Mortgage Repayment in Israel: What Are the Costs and Interest Implications?Article ·
- Israel Mortgages in 2026: The Rules Behind the RatesArticle ·
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