Morocco Mortgage Calculator 2026 — Monthly Payment, Rate & Amortization
Calculate your monthly mortgage payment in Morocco with current Moroccan bank interest rates.
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ℹ️ Mortgage rates in Morocco
Current rates from Moroccan banks (2026): CIH 4.5–5.5%, Attijariwafa 4.5–5.2%, BMCE 4.8–5.5%. Recommended effort rate: max 33% of net income.
Morocco Mortgage Guide 2026 — Rates, Rules & Tips
Before applying for a mortgage in Morocco, check your debt-to-income ratio (taux d'effort). Bank Al-Maghrib recommends keeping total monthly loan repayments below 33% of net salary. On a MAD 8,000 net salary, the maximum monthly mortgage payment is MAD 2,640.
Moroccan Bank Mortgage Rates 2026
- CIH Bank — 4.5% to 5.5% fixed rate
- Attijariwafa Bank — 4.5% to 5.2% fixed rate
- BMCE Bank of Africa — 4.8% to 5.5% fixed rate
- Banque Populaire — 4.6% to 5.4% depending on duration
A typical 20-year mortgage at 5% on MAD 640,000 (MAD 800,000 property with 20% down) results in MAD 4,221/month and MAD 373,000 total interest. Use the calculator above to simulate your exact scenario.
Also useful: Consumer Credit Calculator · Car Loan Calculator · Savings Calculator · Net Salary Calculator
📐 Mortgage monthly payment formula
t = annual rate ÷ 12 · n = number of months
Total cost = Payment × n − Amount borrowed
📊 Payment by rate (800,000 MAD over 20 years)
| Annual rate | Monthly payment | Total interest |
|---|---|---|
| 4.0% | ≈ 4,848 MAD | ≈ 363,520 MAD |
| 4.5% | ≈ 5,061 MAD | ≈ 414,640 MAD |
| 5.0% | ≈ 5,280 MAD | ≈ 467,200 MAD |
| 5.5% | ≈ 5,503 MAD | ≈ 520,720 MAD |
💼 Mortgage scenarios
Payment ≈ 3,825 MAD/month, total interest ≈ 188,500 MAD.
Payment ≈ 5,846 MAD/month, total interest ≈ 753,800 MAD.
💡 Practical tips
- Debt-ratio rule: banks require your total payments to stay under 40% of net income.
- Compare several banks (Attijariwafa, Bank of Africa, CIH, Banque Populaire): a 0.5-point gap saves tens of thousands.
- Negotiate file fees and loan insurance, which are often more negotiable than the rate itself.
- A larger down payment significantly lowers total interest.
⚠️ Limits and disclaimer
- Rates are indicative and vary by profile, bank and date.
- Loan insurance, file fees and registration costs add to the total.
Last updated: February 2026.
❓ Frequently asked questions
How is a mortgage payment calculated?
With the constant-amortization formula based on the amount, the monthly rate and the term in months, giving a fixed payment.
What is the maximum debt ratio banks accept?
Usually 40% of net monthly income for total loan payments.
Fixed or variable rate?
Moroccan banks offer both; a fixed rate protects you from increases, a variable rate may start cheaper.
What extra fees apply?
Loan insurance, file fees, mortgage registration and notary costs.