HBL Islamic Home Loan Calculator

Calculate your monthly payments and total cost for HBL Islamic Home Loan based on the amount and tenure.

Loan Amount (PKR) Loan Tenure (Years) Profit Rate (%) Monthly Payment (PKR) Total Cost (PKR)

function calculateHBLHomeLoan() { const loanAmount = parseFloat(document.getElementById(“loanAmount”).value); const loanTenure = parseInt(document.getElementById(“loanTenure”).value); const profitRate = parseFloat(document.getElementById(“profitRate”).value) / 100; if (isNaN(loanAmount) || isNaN(loanTenure) || isNaN(profitRate) || loanAmount <= 0 || loanTenure <= 0 || profitRate el.value = “”); } function formatCurrency(n) { return n.toFixed(2) + ” PKR”; }

This HBL Islamic Home Loan calculator helps you understand your monthly payments and total cost based on the loan amount, tenure, and profit rate.

Loan Formula

Monthly Payment = (Loan Amount × Profit Rate / 12) ÷ (1 – (1 + Profit Rate / 12)^{-Loan Tenure × 12})
Total Cost = Monthly Payment × Loan Tenure × 12

Example Calculation

Loan Amount: 5,000,000 PKR, Tenure: 15 years, Profit Rate: 5% → Monthly Payment = 40,000 PKR, Total Cost = 7,200,000 PKR.

Why It Matters

Calculating your monthly payments and total cost helps you plan your finances accordingly for the HBL Islamic Home Loan.

Smart Strategy

Ensure that the monthly payment fits within your budget while accounting for any changes in profit rates or tenure.

Hbl Islamic Home Loan Calculator

HBL Islamic Home Loan Calculator