Search, compare and apply personal loans in 3 steps

Step 01

Tell us your home loan requirements

Step 02

Compare home loan products offered by leading Pakistani banks

Step 03

Select & apply for the best suitable home loan of your choice

We cover the following banks offering home loans in Pakistan

Offering you better products, services and deals suited to your Home Loan needs

WHY COMPARE home LOAN WITH provides an impartial comparison service matching with your all home loan and home finance needs. The service is 100% free for consumers. We aim to help you by providing a wide range of home loan offers along with comprehensive information that can help you to choose the best product of your choice. You can contact us and we can work on your behalf to arrange a best home loan offer for you that will save your time and money.

About Home Loans

If you are considering purchasing a home, you are going to need to finance the purchase. You may even want to build a new home but regardless of your plans, you will need a home loan to pay for it. A home loan is designed for the purchase of a home because the money is often borrowed over a long period of time with the interest rates and products on offer differing between each lender.


Why Should You Compare Home Loans before applying with One Lender?

Many different banks and lenders offer home loans and all will offer these products at different costs. This is why it is important to compare all home loans using Mawazna.Com. When you compare home loans, you will have an understanding of the interest rates, repayment costs, and any other relevant information, but more importantly, you will be able to find out what you can afford.


Applying for a Home Loan

When you decide to apply for a home loan you need to understand what is required and what is available to you. Home loans are offered to those who are employed and those who own a business. The loans available range from PKR 300,000 to PKR 50 million with a maximum loan of 85%, although this can change between banks.

When applying for a home loan, you will be expected to meet a fixed criteria and supply documentation that will enable the lender to ascertain whether you are suitable for the loan.


When is a Home Loan Better than Any Other Loans?

A home loan is designed to fit around the purchase of a home. In general, homes are an expensive purchase and are often purchased over long periods of time and so, a credit card is not suitable for a home purchase.

As the home loan is borrowed over many years, the repayments will be more manageable than that of a credit card and that ensures that you can continue to meet the repayments each month.


The following charges are associated during the course of home loan process in Pakistan:

- Processing fee -  the amount payable to the lender for the initiation of the loan is called as processing fee

- Early-payment fee - If the outstanding loan is being paid off before time in full then bank charges a early-payment penalty fee to the concerned customer however this penalty is applicable to a certain time period only, such as first 5 years.

- Miscellaneous fee- stamp duty, documentation and ECIB report issuance charges are generally considered as miscellaneous charges by few lenders

Banks look into the following key aspects while sanctioning home loan:

- Affordability and repayment capacity

- Source of income and income level

- No of dependents

- Credit history

- Status of already existing loans

Home loan is a long term borrowing instrument. Usually home loan and home financing is offered for a period in between 5 years and a maximum of 30 years. The longer period you take home loan, the smaller monthly installment you can have.

You can compare Home loans offered by multiple banks in just 3 steps at By furnishing the required information, you will be given with a list of loan providers, loan offers along with comprehensive information including the rates you can be offered. So that you can compare and choose the best offered Home loan for yourself.  

Step 1 - Visit Home loan page and click on Compare Now button. Tell us your home loan requirements, this includes the following data

- Select the city in which you reside and want to avail loan there in

- Then choose the home loan purpose and category such as to construct or buying a home

- Now opt the current value of the property along with selecting your contribution in percentage in the realm of Home Loan added with loan period

- Provide your source of income by choosing from the available options, including salaried class, self-employed professional and businessman

- Now provide your monthly income and select the banks you are currently maintaing your relationship with

Step 2 - Once you provide the above-mentioned information, it will direct you to see the comparison table with all the Home loans being offered by different banks in Pakistan. You can review all the details through more info link. You can also compare various Home loan offers through side by side comparison options.  

Step 3 - Now select a home loan product of your choice matching with your needs and click on apply option.  

Before applying for a home loan, you should be careful enough regarding few points. So that when you apply for home loan financing your loan application won’t face rejection at any point in time.

1- Plan your budget ahead as it will give you a fair idea of the amount you spent on the expenses and the resources available to you on monthly basis. By doing this, you will be able to know the actual installment amount you can arrange every month.

2- Before applying for the home loan, do consider your credit report. Your credit report is the key to your loan approval. If you manage to have a good credit history with the banks in repayments, there won’t be any hurdles subject to the fulfilment of other conditions. But if you maintain a poor credit history in repayment, there is a less likely chance of your loan approval, except you will be needing a credible guarantor. It is a good idea to have a few credit cards being maintained with banks and paying back the money you own in time. This helps to build your credit history.

3- Get to know the associated cost of using the bank’s money. Either you are borrowing money on fixed interest rate or on revolving interest rate (based on KIBOR). Added, depending upon the interest rate how much total amount you will be paying on the loan.

4- Do the complete market survey regarding providers of home financing and loans and compare their rates at Mawazna. After that choose the one which is most suitable to you.

5- Carefully monitor all the hidden and visible charges.

What is Home Loan?

Home is the basic necessity of an individual or a family. It provides the residents not only a shelter but a firm base to hold on to each other in thick and thin time. However, with the growing inflation and the rising prices of the basic necessities, owing a house looks like a distant dream. To cater this demand, various lenders and banks have stepped in the market to give home loans to the masses so that they can borrow money to build and construct their home, purchase home and renovate it. Besides this, it can also be used for the land purchase and the construction, and for home replacement in Pakistan.

Eligibility Criteria for Home Loan in Pakistan 

Eligibility criteria for home loan is as follows:  

1- The applicant can be a Pakistani or Non-Pakistani Resident (for salaried class only)

2- His/her age should fall within age bracket of 25-60 years at the time of loan maturity in case of salaried class

3- Must have a permanent source of income in terms of both salaried and business class.

Documents Required to Avail Home Loan in Pakistan

The documents required to avail home loan is as follows:

1- Original copy of CNIC along with the photocopy

2- Two recent photographs

3- Proof of regular income (for both salaried and business class)

4- Letter from employer in case of salaried class individual

5- Bank statement for the last 6 months (minimum)

6- Copy of property documents

7- NTN / Copy of annual Tax returns


Amortization is the process of evaluation of loan over a period of time. It is followed by the amortization schedule for the repayment of the amount.


Appreciation means increase in the existing price of the property due to renovation of the house, or area development inclusive of the market and strategic location adjacent to that area.


Cap is the maximum amount the borrower is expected to pay in the realm of loan repayment.

Capital Gain Tax   

Capital gain tax is the tax levied on the profit of the sale of property. The rate of the capital gain tax subject to vary with respect to holding period of the property.

Fair Market Value   

Fair Market Value is the current price of the property in the existing market.


An underwriter is a person who assess the borrower’s credibility prior to loan and mortgage approval

Warranty deed   

Warranty deed is type of deed which ensures that the property holder has the sole right of its property to sell. Further, this property is free from any kind of litigation or dispute.

Property appraisal   

Property appraisal means estimating the fair market price of the property by taking into account not only the present condition of the property but also other similar properties located in that area.  

Contingent Liability 

A contingent liability is a potential liability that can arose because of the uncertain future event.