Mortgage calculator
Change the price, the down payment and the term: the monthly payment, the loan and the income the bank will want are worked out at once. The state mortgage terms were taken from the Fund’s site on 9 October 2026.
17% of the price · At least ₼30,000
Yearly rate, %
8%
Monthly payment
₼1,255
- Loan
- ₼150,000
- Monthly income needed
- ₼1,800
- Interest to pay
- ₼151,118
- Total to pay
- ₼331,118
Under the state mortgage the monthly payment may not exceed 70% of documented income.
Year-by-year repayment schedule
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | 3,170 | 11,885 | 146,830 |
| 2 | 3,434 | 11,622 | 143,396 |
| 3 | 3,719 | 11,337 | 139,677 |
| 4 | 4,027 | 11,029 | 135,650 |
| 5 | 4,362 | 10,694 | 131,288 |
| 6 | 4,724 | 10,332 | 126,565 |
| 7 | 5,116 | 9,940 | 121,449 |
| 8 | 5,540 | 9,516 | 115,909 |
| 9 | 6,000 | 9,056 | 109,909 |
| 10 | 6,498 | 8,558 | 103,411 |
| 11 | 7,037 | 8,019 | 96,374 |
| 12 | 7,621 | 7,434 | 88,752 |
| 13 | 8,254 | 6,802 | 80,498 |
| 14 | 8,939 | 6,117 | 71,559 |
| 15 | 9,681 | 5,375 | 61,878 |
| 16 | 10,485 | 4,571 | 51,393 |
| 17 | 11,355 | 3,701 | 40,038 |
| 18 | 12,297 | 2,759 | 27,741 |
| 19 | 13,318 | 1,738 | 14,423 |
| 20 | 14,423 | 633 | 0 |
The three programmes side by side
| Programme | Largest loan | Term | Down payment | Yearly rate | Share of the value |
|---|---|---|---|---|---|
| State mortgage | up to ₼150,000 | up to 25 years | from 15% | up to 8% | up to 85% |
| Preferential state mortgage | up to ₼100,000 | up to 30 years | from 10% | up to 4% | up to 90% |
| Bank mortgage | No ceiling | up to 20 years | from 20% | ≈ 13% | up to 80% |
- State mortgage. Funded by the Mortgage and Credit Guarantee Fund, through its authorised banks. For buildings put up after 1 January 1970 and for houses.
- Preferential state mortgage. For young families, civil servants and teachers with at least 15 years of service, military personnel, scientists and other groups. Once per family.
- Bank mortgage. On the bank’s own terms: no ceiling on the amount and the building’s age does not matter. Rates differ from bank to bank: 13% in the calculator is an example you can change.
The state mortgage rules
- Loans are in manat, repaid in equal monthly payments.
- The building must date from after 1 January 1970; houses and summer houses qualify too. No loans for land or for building a house.
- The property must have a registry extract: a new building whose extracts are not yet issued does not qualify.
- The monthly payment may not exceed 70% of documented monthly income.
- On the last payment day the borrower may not be past pension age.
- A loan can have up to three borrowers, whose incomes are added together.
- The preferential loan is given once per family.
Source: mcgf.gov.az, 9 October 2026. Check the terms on the Fund’s site before you apply.
Who can get the preferential mortgage
- Young families: both spouses are 35 or younger
- Civil servants and state-school teachers with at least 15 years of service
- Military personnel, internal affairs officers and judges with at least 3 years of service
- Doctors of science and those with at least 3 years in a scientific post
- Journalists with at least 15 years of work, listed in the Media Registry
- Families of martyrs, Heroes of the Patriotic War and National Heroes
The full list and the exact conditions are on the Fund’s site.
How a mortgage goes with us
The numbers
Farid works out which programme and what amount fit your income. Free of charge.
Homes that qualify
Your agent shows only flats a mortgage will cover: with an extract, built after 1970 and within your budget.
Application and valuation
We gather the documents together, the bank reviews the application and an appraiser values the flat.
The notary
The sale and mortgage contracts are signed on the same day and the bank transfers the money to the seller.
Documents the bank asks for
- ID card
- A certificate of income for the last 12 months
- An extract from the employment contract or, for the self-employed, the tax return
- Marriage certificate (if any)
- The extract and the valuation report for the property being bought
Mortgage advice
Our adviser calls within one working day and tells you which programme fits.
Common questions
Can I get a state mortgage if the price is above 150,000 ₼?
Yes, but the loan cannot exceed 150,000 ₼. You cover the difference yourself: for a 230,000 ₼ flat, for example, the down payment is at least 80,000 ₼.
Is a mortgage available for a flat in an old stone building?
If the building predates 1970, the state mortgage is not available. For such flats only a bank’s own mortgage remains, at a higher rate.
How large must the down payment be?
At least 15% of the price under the standard state mortgage and at least 10% under the preferential one. A bank may ask for more on its own terms.
Can a mortgaged flat be sold?
Until the loan is repaid the flat is pledged to the bank and cannot be sold without its consent. In practice the buyer pays off the balance and then ownership passes to them: we arrange this.
Do you charge for the advice?
No. Mortgage advice and help with the documents are free for those buying a home through us.