Find the best Housing Loan rates in Sri Lanka

Quick home loan search

Bank Home Loan Product Interest Rate Monthly Repayment

View Details

View Details

View Details

View Details

View Details

View Details

View Details

View Details

View Details

View Details

View Details

View Details

View Details

**Initial monthly repayment figures are estimates only, based on the advertised rate, loan amount and term entered. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

Home Loan Calculator


Rs. 


Rs. 
 Years

Your estimated monthly payment:
Rs. 9,801

Or call +94 11... Click to view Tel number

To speak to one of the Home Loan specialists

Disclaimer

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.

Properties Available for your Budget

Frequently asked question about Home Loan

Know what question the users frequetly asks about Home Loan and Calculator


What is a Mortgage / Home Loan?

A Mortgage or a Home Loan is a loan taken out to buy a property or land. Once a mortgage is taken, the borrower will need to pay off the loan amount plus the interest to the lender. If the borrower fails to pay the loan, then the ownership of the property or land will pass on to the lender.

How much can I borrow?

What documents do I require to apply for a Home Loan?

I have a property that I'm interested in. Will you arrange the purchase of that for me?

Mortgage / Home Loans / House Loans

There is no better feeling in the world than knowing you own a house of your own in Sri Lanka. This is because having a house of your own means there is no more need to move. Doing the house plans is also the same. No more need to save up for key money or worry about the monthly rent. You can simply look forward to designing it the way you want, making changes the way you want and simply do whatever you want without any restriction at all whatsoever. People also strive to own a house of their own, to be able to have their dream home become a reality. Freedom from a nagging landlord or lady, real estate agents deciding to put up your home for sale without notice (it could happen!) and nosy owners are a part of the baggage you have no choice but have to bear when signing up for houses for rent in Sri Lanka. But when you buy a home you can leave all of this behind once and for all. Yet, buying a house certainly isn’t as easy as buying bread off the baker. The cost you have to bear is almost 10 folds or more. Therefore, considering the options available before making such a purchase is essential. The first and most obvious one is financing it yourself if you have the money to construct a house or buy an existing house. Otherwise, you can consider applying for a loan by taking your regular monthly income and the potential maximum loan amount into account. You could also contemplate getting a mortgage as your third option. Here you will need to consider the types of mortgages available for residential property, repayment period, repayment capacity and other regulations that have been imposed by the local authorities.

When it comes to obtaining a housing loan, on the other hand, the policies that have been put into place may vary from one bank to another. Some may have restrictions against people above the age of 60 applying for a loan in the case of a construction unlike getting a loan for houses for rent in Colombo. Certain others may want documents on taxes and insurances to be shown as a certification of citizenship as a Sri Lankan, when considering eligibility for a particular principal amount and interest. Nonetheless, banks offer various types of home loans sri lanka. Some are specific for construction and others are for renovation or purchasing a house straight off. When applying for these, factors like credit scores, special housing loans for government employees, housing loan interest rates in sri lanka and easy housing loans ought to be evaluated. By taking such factors into account getting the best deals on the date of application for your loan is a piece of cake. However, when it comes to a loan to purchase a house, things are different. You could browse through a home loan calculator to estimate how much you might need beforehand to own one of the many houses for sale in colombo.But when you actually do apply there might be slight price changes. This is usually a result of fluctuating housing loan interest in sri lanka and individual banking policies. Yet that doesn’t mean the home sweet home loan offered by a particular bank has sky-high differences from another. After all, banks and their home loans are regulated strictly by the Central Bank. So using a house loan calculator sri lanka to get an estimate for a housing loan sri lanka is not that bad of an option.

Another alternative to use would be a mortgage. Through this method even if you purchase the house under your name it isn’t completely yours until you repay the capital and interest to the bank. And so, though you might not have a collateral at the beginning, upon purchase, the ownership deed ought to be handed over to the bank. The bank may also purchase a property for you or be apart of the purchasing process to avoid cheats and scandals. In simple words, the meaning of mortgage is where you own a house but you really don’t. And so in technical terms, this is a mortgage loan. Similar to a housing loan calculated using a housing loan Sri Lanka calculator or home loan calculator sri lanka or mortgage calculator, yet different at the same time. To obtain this you could visit a mortgage bank personally or apply through an authentic online mortgage platform. Certain online platforms also facilitate a mortgage loan calculator Sri Lanka. Through this, you could get an estimate of the cost you would have to bear if you decide to purchase one amongst the many lands for sale in colombo or lands for sale in Sri Lanka in general. In addition to that, there is also a mortgage overpayment calculator. By using both of these you could increase your chances of getting the best home mortgage or a mortgage loan Sri Lanka in ease. Since such calculators have been designed by using a standard mortgage loan equation accuracy is guaranteed as well. So whether it is a land mortgage loan in Sri Lanka or a land mortgage in another country, finding the right calculators to use is necessary. This will facilitate a happy mortgage for all!