Work out what a Cyprus mortgage actually costs per month — from the loan amount, deposit, interest rate, and term you enter — then check whether the repayment fits your income and how it holds up if rates rise.
Generated at cyprushomesdirect.com/ on 30/07/2026
Disclaimer: all figures above are estimates only. They are not legal, tax, mortgage, or financial advice and should not be treated as approval from any bank, lawyer, authority, or professional adviser. Confirm exact figures with a Cyprus-based bank, lawyer, and tax adviser before making decisions.
The calculator uses the standard repayment-mortgage formula: your loan amount (property price minus deposit), the annual interest rate, and the loan term in years produce a fixed monthly payment that repays the loan in full by the end of the term. This is the same method Cyprus banks use for a standard capital-and-interest repayment mortgage. Interest-only or part-repayment products will differ — ask your lender how their structure changes the figures.
Cyprus banks typically lend a percentage of the property's value (loan-to-value, or LTV), with the rest covered by your deposit. Residents commonly see higher LTVs than non-residents, and the exact limit depends on the bank, the property type, and your financial profile. Use the deposit percentage field to model different scenarios — a smaller deposit raises both the loan amount and the monthly payment, so it's worth comparing a few before approaching a lender.
Most Cyprus mortgages are variable, tracking the ECB base rate plus a bank margin. This calculator can pull the live ECB base rate and let you add your own margin estimate, so the interest rate field reflects a realistic current starting point rather than a guess. If your rate is linked to the ECB rate, remember it will move when the ECB changes policy — that's exactly what the stress test below is for.
The results panel compares your estimated monthly payment plus any existing debts against your net monthly income (debt-to-income ratio, or DTI) — lenders typically look for comfortable affordability well under half of net income, though each bank sets its own criteria. The stress test then re-runs the same numbers at +1% and +2% interest, which is close to how a bank assesses whether you could still afford the loan if rates rose during the term.
From the loan amount (property price minus deposit), the annual interest rate, and the loan term, using the standard repayment-mortgage formula. It assumes a fixed monthly payment for a capital-and-interest mortgage, which is the most common structure in Cyprus.
It varies by bank, property type, and buyer profile — residents often see higher loan-to-value limits than non-residents. Model a few deposit percentages here to see how each changes your monthly payment, then confirm the exact figure a lender will offer with a Cyprus bank or mortgage broker.
Most Cyprus mortgages are variable and track the ECB base rate plus a bank margin. This calculator can use the live ECB base rate plus an editable margin so your starting rate is realistic; fixed-rate products exist but are less common and priced separately by each bank.
It recalculates your monthly payment and debt-to-income ratio at +1% and +2% interest, similar to how a bank checks you could still afford the mortgage if rates rise. It is a planning check, not a lending decision.
No. It produces a planning estimate only. A Cyprus bank will assess your income, debts, credit history, the property itself, and its own lending criteria before making any offer.
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Disclaimer: all calculator results are estimates only. They are not legal, tax, mortgage, or financial advice and should not be treated as approval from any bank, lawyer, authority, or professional adviser.