Mera Ghar Mera Ashiana (MGMA) - 2026 اپنے گھر کا خواب اب ممکن

Federal Government's Scheme to provide Affordable Housing to Pakistani Citizens!
Free MGMA Loan Calculator-2026
Conceptualized & Developed by Muhammad Husnain
twebz.com
Show scheme details, documents, and SBP references
Mera Ghar Mera Ashiana / Wazir-e-Azam Apna Ghar Program - Ghar Ho Tu Apna is an affordable housing scheme for first-time homeowners. You can apply at any bank offering this scheme, such as HBL, UBL, Meezan Bank, Bank Alfalah, ABL, BankIslami, and other similar banks. Go to the branch, ask for the MGMA form, and submit your basic documents. After initial approval, the bank will ask you to find the property and complete the remaining checks.
  1. Visit any bank offering MGMA and ask for the application form.
  2. Fill in the form and submit your CNIC, income proof, and other required documents.
  3. The bank will first review your eligibility and give initial approval if you qualify.
  4. After that, locate the property, then the bank will do property checking, valuation, and final processing.
  5. Common requirements are often similar across banks, but the exact checklist can vary.
Common requirements
  • For salaried applicants, banks usually ask for the last 3 salary slips.
  • Most banks ask for the last 6 months bank statement.
  • You will usually need to sign an undertaking on stamp paper stating that you do not own any housing unit anywhere in Pakistan. The format may vary from bank to bank.
  • The property is usually pledged / mortgaged in the bank's name until the loan is fully repaid.
SBP Circular (SH&SFD No. 03 of 2025)
SBP Circular Letter (SH&SFD No. 01 of 2026)
SBP Circular Letter (SH&SFD No. 02 of 2026)
SBP Circular (SH&SFD No. 02 of 2026)
Disclaimer: This calculator provides estimates for reference only. Exact terms, eligibility, and repayments must be confirmed with the bank offering the scheme.
Rate: 5% per year (first 10 years)
Rate for 20-years loans changes at 11th year i.e. KIBOR + 3%

Inputs

PKR
10 Lac 1 Crore
Required Take Home/Net Income for this loan:
Total Repayment in 10: —
Maximum allowed: PKR 10,000,000 (1 Crore)
Only applies from 11th year if tenor is 20 years. KIBOR per prevailing rate.
Current KIBOR Rate is 10.50% per annum
Schedule (Selected Year) — Click to expand
Total Repayment in 10: —
Month Principal Interest Total Installment

Summary

Installment / month
Total Interest (full tenor)
Total Payable (full tenor)
Total Paid After 10 Years
Total Payable (in words)
Required Income for your desired loan
Maximum loan amount is PKR 10,000,000. Customer contribution/equity may apply as per bank/SBP rules.

How much monthly income you should have to get this much loan

DBR 65%
Use the 65% DBR limit to estimate required income or maximum eligible loan.
This is to give you an idea only, for accurate details, contact the bank of your choice.
PKR
10 Lac 1 Crore
Move this slider to see the required take-home/net income for a chosen loan amount.
PKR
Include repayments for other consumer financings.
Max Installment / month
Required Monthly Income