A bank can tell you what it may lend. This desk helps you understand what a loan would ask of your monthly budget. Change the deposit, term and rate before a beautiful home becomes an uncomfortable commitment.
Enter the property price and your cash deposit. The repayment model is independent of any bank's approval or promotional offer.
| Year | Loan left | Interest paid so far |
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Simple explanations, visible assumptions and no black-box verdict.
Duty, notary charges, bank costs, insurance and any finishing works sit alongside the cash contribution to price. This calculator adds the upfront costs you enter, without assuming a grant or exemption will fund completion.
A low initial payment is only one phase. Use the fixed-rate option to calculate the balance left when that period ends, then the payment at your later-rate assumption. A one-point stress test is a scenario, not a prediction.
A longer term usually lowers the monthly instalment and increases lifetime interest. This desk compares five fewer years where possible. Age, loan purpose and the lender's credit policy may limit the actual term.
APS and BOV have their own income, age and commitment assessments. Their public borrowing estimators can return different amounts for the same example. Ask for a personalised quote and compare APRC, fees, insurance and conditions.
Equal monthly amortising payments, full loan drawn immediately, monthly rate = annual rate / 12. The fixed-period balance is recalculated at the later rate. The later rate is assumed unchanged thereafter. Figures exclude ongoing insurance and bank fees unless entered separately as upfront costs. APRC is not calculated. Actual/365 interest, drawdown dates and lender rounding can differ. No approval, affordability limit or bank offer is inferred.
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Continue the journeyRead the limits as carefully as the headline.
No. It calculates repayments on the loan amount implied by your property price and deposit. Banks assess income, commitments, security and eligibility using their own criteria.
No. It is an editable illustrative rate, not a market-wide or personalised offer. Enter the rates and fixed period in a written quote.
The standard monthly formula should be close where the loan, rates and dates match. Actual/365 interest, payment dates, drawdown and rounding can cause differences. Fees and APRC are separate and are not calculated here.
For a constant-rate loan, the one-point higher rate is modelled from the start. With a fixed period, the rise is applied to the remaining balance after that period, unless the fixed period covers the whole term.
These are dated references, not a live rule feed. Check the latest official documents and your individual circumstances.
FreeMalta provides independent information and scenario tools, not personalised tax, pension, investment, employment or mortgage advice. Results are estimates, not payslips, benefit awards, lending approvals or guaranteed returns. Model snapshot: 4 October 2026. A future budget announcement does not automatically update this calculation.
