Islamic Home Finance

Faysal Bank Home Loan Calculator

How Faysal Islami Home Finance's Diminishing Musharakah structure prices your monthly payment.

Diminishing Musharakah
Up to PKR 150 million
Up to 20 year tenure

Written & reviewed by Dildar Hussain — 10+ years in Pakistani banking, BS Banking & Finance (NUML University) · Reviewed: August 16, 2026

Faysal Islami Home Finance is a Diminishing Musharakah facility for purchase, construction, or renovation, priced at KIBOR plus a spread.

Home Finance Transfer moves an existing loan from another bank
Processing fee: Rs. 12,000 + FED (nil under Wazir-e-Azam Apna Ghar)
Government-subsidised Ghar Ho To Apna scheme also available
Early settlement: 5% of outstanding (7% if transferring to another lender)

A home loan calculator here needs to model Diminishing Musharakah, not a conventional mortgage. Faysal Islami Home Finance structures the deal as joint ownership between bank and customer: you pay rent on the bank's share while progressively buying out its ownership units on a monthly schedule.

Once you've bought out every unit, you hold sole ownership with clear title. The financing covers purchase, construction, and renovation, plus a "Home Finance Transfer" facility for moving an existing home loan from another bank onto Faysal's Islamic structure.

Faysal Bank Home Loan Calculator — Key Terms

Structure: Diminishing Musharakah
Minimum Financing: PKR 500,000
Maximum Financing: PKR 150,000,000
Renovation Cap: PKR 50,000,000
Loan-to-Value: Up to 80%
Tenure: 1 to 20 years
Rate — Salaried: 1-Yr KIBOR + 3%
Rate — Self-Employed: 1-Yr KIBOR + 4%

Terms confirmed from Faysal Bank's official Faysal Islami Home Finance product page on faysalbank.com. Run these figures through a Faysal Bank home loan calculator alongside your down payment to estimate total cost.

Eligibility for Home Finance Transfer

The Home Finance Transfer facility is currently limited to applicants in Karachi, Lahore, Islamabad, and Rawalpindi. Approved-company employees need a minimum monthly income of PKR 100,000 (permanent) or PKR 150,000 (contractual); employees of unapproved companies need at least PKR 150,000. Applicants must be between 21 and 60 at loan maturity.

Mera Ghar Mera Ashiana — Subsidised Housing

Faysal Bank also participates in the Government of Pakistan's "Ghar Ho To Apna" subsidised housing scheme under the Mera Ghar Mera Ashiana programme — interest-free Diminishing Musharakah financing for purchase or construction, on notably more affordable terms than standard commercial rates.

What Should a Faysal Bank Home Loan Calculator Include?

Factor in property valuation fees, Takaful cover, and processing charges alongside the base rental — a bare KIBOR-plus-spread number understates the real monthly outlay. Under the official Schedule of Charges for July 1 – December 31, 2026: a non-refundable processing fee of Rs. 12,000 plus FED for standard housing finance, Rs. 4,000 plus FED under the Roshan Apna Ghar facility for overseas Pakistanis, and nil under the government-backed Wazir-e-Azam Apna Ghar (Ghar Ho Tu Apna) programme. External agency charges typically add Rs. 9,000 or actual cost for property appraisal, Rs. 8,000 or actual for income estimation, and Rs. 8,000 or actual for legal charges. Settling early costs 5% of the outstanding amount (7% if the facility is being transferred to another lender), and a missed instalment carries a Rs. 1,000 charity payment.

Faysal Islami Home Finance vs Meezan Easy Home

Both Faysal and Meezan run their home finance products on Diminishing Musharakah, so the structural comparison here is closer than with car financing — the real differences are in pricing spread, financing range, and processing fees.

Faysal Islami Home Finance vs Meezan Easy Home
Feature	Faysal Islami Home Finance	Meezan Easy Home
Islamic structure	Diminishing Musharakah	Diminishing Musharakah
Variable rate – salaried	1-Year KIBOR + 3%	KIBOR + 3% (floor 8%, cap 30%)
Variable rate – self-employed/business	1-Year KIBOR + 4%	KIBOR + 4% (floor 8%, cap 30%)
Financing range	Rs. 500,000 – 150,000,000	Rs. 500,000 – 50,000,000
Max financing vs property value	Up to 80%	Up to 75% (salaried), 65% (business)
Max tenure	Not separately published	3–20 years
Processing fee	Rs. 12,000 + FED	Rs. 8,000 + FED (16%)

Faysal Islami Home Finance figures confirmed from Faysal Bank's official Schedule of Charges, July 1 – December 31, 2026. Meezan Easy Home figures confirmed directly from Meezan Bank's official Easy Home product page (meezanbank.com/easy-home). Meezan's published 3-year fixed-rate offer on that page is excluded here as it was time-boxed to a past expiry date on the bank's own page and isn't current; only its evergreen variable-rate schedule is compared.

Frequently Asked Questions

What is the minimum and maximum Faysal Bank home finance amount?

Faysal Islami Home Finance ranges from a minimum of PKR 500,000 up to a maximum of PKR 150 million, or up to 80% of the appraised property value, whichever is lower. Home renovation financing is capped at PKR 50 million.

What rate does Faysal Bank charge on home finance?

Faysal Bank's variable home finance rate is 1-Year KIBOR plus 3% for salaried customers, and 1-Year KIBOR plus 4% for self-employed professionals and businessmen.

Good For

Understanding how the Faysal Bank home loan calculator prices your monthly payment via Diminishing Musharakah
Knowing the real minimum and maximum Faysal Bank home finance amounts
Checking eligibility for the Home Finance Transfer facility
Learning about the subsidised Mera Ghar Mera Ashiana scheme

Ready to run the Faysal Bank home loan calculator numbers?

Get a live rate quote based on current KIBOR directly from Faysal Bank.

Visit Faysal Bank Official Website See FABL Bank Profile