Kalkulatur tas-self ipotekarju ta' Malta
Stmu l-ħlas mensili tas-self ipotekarju fuq xiri ta' proprjetà Maltija, bl-iskeda kompluta tal-amortizzazzjoni sena b'sena.
Rates and bank policies last reviewed 2026-04-30
Estimated monthly payment
€4
Fixed monthly payment for the full 25-year term, assuming the rate is held constant.
- Loan principal
- €1,260
- Total interest over term
- €0
- Total paid
- €1,260
Year-by-year amortisation
| Year | Interest paid | Principal paid | Closing balance |
|---|---|---|---|
| 1 | €0 | €50 | €1,210 |
| 2 | €0 | €50 | €1,159 |
| 3 | €0 | €50 | €1,109 |
| 4 | €0 | €50 | €1,058 |
| 5 | €0 | €50 | €1,008 |
| 6 | €0 | €50 | €958 |
| 7 | €0 | €50 | €907 |
| 8 | €0 | €50 | €857 |
| 9 | €0 | €50 | €806 |
| 10 | €0 | €50 | €756 |
| 11 | €0 | €50 | €706 |
| 12 | €0 | €50 | €655 |
| 13 | €0 | €50 | €605 |
| 14 | €0 | €50 | €554 |
| 15 | €0 | €50 | €504 |
| 16 | €0 | €50 | €454 |
| 17 | €0 | €50 | €403 |
| 18 | €0 | €50 | €353 |
| 19 | €0 | €50 | €302 |
| 20 | €0 | €50 | €252 |
| 21 | €0 | €50 | €202 |
| 22 | €0 | €50 | €151 |
| 23 | €0 | €50 | €101 |
| 24 | €0 | €50 | €50 |
| 25 | €0 | €50 | €0 |
Estimates assume a fixed rate over the full term. Actual Maltese mortgages are typically variable-rate (linked to BOV or HSBC base rates) and the monthly payment will change as those rates move. Use this calculator for scenario comparison, not for binding repayment figures.
Indicative monthly payment by scenario
Three pre-computed Maltese mortgage scenarios at the illustrative rate. Captures the most common buyer profiles before you tweak the calculator.
| Scenario | Property price | Deposit | Loan principal | Indicative monthly |
|---|---|---|---|---|
| Starter (250k EUR, 10% deposit, 30 yr) | €250,000 | 10% | €225,000 | €1,140/ mo |
| Family (450k EUR, 20% deposit, 25 yr) | €450,000 | 20% | €360,000 | €2,001/ mo |
| Luxury (900k EUR, 30% deposit, 20 yr) | €900,000 | 30% | €630,000 | €3,986/ mo |
All rows assume the same 4.50% annual rate so the comparison is apples-to-apples. Banks publish their own current rates.
Maltese banks offering residential mortgages
Five Maltese banks dominate residential mortgage lending. Headline rates and policies shift quarterly; this table is a navigation aid, not a rate quote. Always pull a Key Information Document (KID) from each before deciding.
Bank of Valletta (BOV)
Verify current rateThe largest Maltese bank by branch network. Owner-occupier mortgages up to 90% LTV / 25 years for primary residence, with rate competitiveness on standard products. BOV runs frequent promotions waiving the arrangement fee or valuation fee. Strong on first-time buyer assistance schemes.
- Max term
- 40 years
- Max LTV
- 90%
HSBC Malta
Verify current rateInternational bank with a Malta presence; the natural choice for relocating UK / international buyers because the existing-customer relationship transfers easily. Same 90% LTV cap on owner-occupier; tighter on buy-to-let than BOV. Allows currency-of-income lending in some cases.
- Max term
- 40 years
- Max LTV
- 90%
APS Bank
Verify current rateSmaller domestic bank, often more flexible on niche cases (older houses of character, mixed-use property). Competitive on second-home loans and buy-to-let. Decision turnaround tends to be faster than BOV/HSBC.
- Max term
- 40 years
- Max LTV
- 90%
MeDirect Bank
Verify current rateDigital-first Maltese bank, increasingly active in residential mortgages from 2022 onward. Competitive on rate for standard cases. All-online application; valuation and KYC handled remotely. Best fit for tech-savvy buyers comfortable without a branch relationship.
- Max term
- 30 years
- Max LTV
- 85%
BNF Bank
Verify current rateSmaller domestic bank focused on Maltese-resident borrowers. Smaller mortgage book but selective and competitive when accepted. Frequent fallback when larger banks decline complex cases (self-employed, atypical income, partial title issues).
- Max term
- 40 years
- Max LTV
- 90%
Can a non-resident get a Malta mortgage?
Yes, but Maltese banks underwrite non-residents more conservatively than Maltese-resident borrowers. Expect different LTV caps, term limits, and currency rules.
- Maximum LTV typically 60% to 70% for non-residents (versus 90% for residents on a primary home).
- Some banks require the loan to match the buyer's income currency; others offer EUR loans regardless. HSBC Malta is the most flexible on cross-currency.
- Maximum term often capped at 20 years for non-residents (versus 25 for residents).
- Source-of-funds documentation is more demanding for non-EU non-residents; allow 6 to 12 weeks from application to drawdown.
How to use this calculator
Most Maltese banks offer mortgages on residential property up to 25 years for owner-occupied primary homes, with stricter terms (lower LTV, shorter term, higher rate) for buy-to-let and second homes.
- A typical owner-occupier mortgage caps at 90% LTV (10% deposit minimum). Buy-to-let usually caps at 75% LTV.
- Maltese rates are mostly variable, indexed to the bank's base rate plus a margin. Fix the rate for sensitivity scenarios.
- Banks underwrite to a 30%-of-net-income debt service ceiling; payments above that get cut to fit, regardless of what you can afford on paper.
- Add 4% to 5% on top of the purchase price for stamp duty, notary fees, and AIP if applicable.
Mortgage FAQs
How is the monthly payment calculated?
Standard amortising formula: payment = principal * (r * (1 + r)^n) / ((1 + r)^n - 1), where r is the monthly rate (annual rate / 12) and n is the total number of monthly payments (years * 12). Each month, part of the payment covers interest on the outstanding balance and the rest reduces the principal.
How much deposit do I need for a Malta mortgage?
Maltese banks typically require at least 10% deposit for an owner-occupier mortgage on a primary residence (90% LTV cap). Buy-to-let and second homes usually require 25% (75% LTV). The deposit must be paid before the deed of sale, typically alongside the konvenju (10%).
What interest rates can I expect?
Maltese mortgage rates are mostly variable, linked to BOV or HSBC base rates plus a margin. Headline rates have ranged roughly between 3% and 5% in recent years; check the bank's published rate sheets for current figures. Fix the rate in this calculator to model sensitivity.
How long can a Malta mortgage run?
Up to 40 years is technically available with some lenders, but the loan must be fully repaid by the borrower's 65th birthday (or sometimes 70). 25 years is the most common owner-occupier term; 15 to 20 years for buy-to-let.
What other costs come on top of the mortgage?
On top of the loan repayments, you'll pay stamp duty (5% standard, less for FTB / Gozo / UCA), notary fees (typically 1% to 2%), an AIP permit fee if applicable (233 EUR), and bank fees (arrangement fee, valuation, registration). Budget around 4% to 5% of the purchase price for these closing costs.
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