Want to understand how much you can actually borrow for a home in Israel? Use this simple down payment and mortgage calculator to see your maximum loan, loan-to-value (LTV), and minimum down payment – based on your status as a first-time buyer, foreign resident, or investor.
Calculate Your Maximum Mortgage and Minimum Down Payment
👇 Enter the price, estimated value, and answer a few quick questions to learn:
- ✔️ Your maximum mortgage based on Israeli lending rules
- ✔️ Your minimum down payment
- ✔️ See if a low appraisal could throw a wrench in your deal
How Mortgage Loan Limits Work in Israel
Many buyers and professionals are surprised. Even if your income qualifies you for a large mortgage, the loan-to-value (LTV) cap will limit you to:
| Situation | Max LTV |
|---|---|
| First-time Israeli buyer | 75% |
| Upgrading a current home | 70% |
| Not selling current home | 50% |
| Foreign resident | 50% |
Already know your loan amount and want to estimate monthly payments? Try our Mortgage Payment Calculator
to see how your interest rate and term affect your total cost.
Why Appraised Value vs. Purchase Price Matters
In Israel, banks determine how much they’re willing to lend based on the lower of two figures:
- The purchase price of the home
- The appraised value (שמאות)
Frequently Asked Questions
What is the minimum down payment required in Israel?
It depends on whether you’re a first-time buyer, keeping a current home, or a non-resident. This calculator reflects the most up-to-date limits.
Can I borrow more than 75%?
No. Even with strong income, Israeli banks will not exceed the LTV caps set by the Bank of Israel. (Non-bank lenders can – at a cost.)
Do banks use the price or the appraisal?
Banks use the lower of the two. If the appraisal is lower than the price, your maximum loan and down payment will be based on the appraisal.
Let’s Talk Mortgages
As a certified financial coach and mortgage broker helping buyers and professionals across Israel, I built this tool to make it easier for people to:
- 🧠 Understand mortgage limits
- 💸 Avoid costly surprises
- ✅ Plan deals that actually close
If you’ve used the calculator and are ready to explore options, or if you’re a professional looking to offer clients better support, let’s connect.
☎️ Book a time to speak. I’ll help you move forward with clarity and confidence.
Image by Steve Buissinne from Pixabay
