Showing Belarus because that’s where you are.
Belarus 💰 BYN Last updated2026-05-28 Іпатэка Calculator
Belarus
A mortgage of 180,000 BYN at 13.5% over 20 years works out to a monthly payment of about 2173 Br, with total interest of 341 586 Br over the full term.
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Local context Іпатэкаs in Belarus
Market overview
Belarus's mortgage market is dominated by state-owned Belarusbank, which holds roughly 60% of residential lending, alongside BPS-Sberbank and Belagroprombank. Western sanctions following 2020 and 2022 have cut off external funding, leaving rates tethered to the National Bank of the Republic of Belarus (NBRB) refinancing rate and state subsidy programs like Decree No. 240 for large families. A parallel unofficial currency market persists, and most lending is now strictly in Belarusian rubles after the de-dollarization push.
Why 13.5% is the typical rate
A rate near 13.5% reflects the NBRB refinancing rate in the low double digits, sanctions-driven liquidity premiums, and the absence of subsidized terms outside state housing programs.
Tax & regulatory notes
Real estate transactions carry a 3% state duty plus notary fees of 0.5-1%, with mandatory registration at the National Cadastral Agency. Decree No. 240 of 2017 provides subsidized rates (as low as 1% nominal) for families with three or more children through Belarusbank. Foreign currency mortgages to ruble-earning borrowers are effectively prohibited under NBRB Resolution 138.
A mortgage of 180,000 BYN at 13.5% over 20 years
180 000 Br 13.5% 20 years (240 months) 2173 Br 341 586 Br 521 586 Br 
