Iran 💰 IRR Last updated2026-05-28

وام مسکن Calculator Iran

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Quick answer (Iran)

A وام مسکن of 30,000,000,000 ﷼ at 22% over a 12-year term works out to a monthly payment of about ‎ریال ۵۹۳٬۳۶۸٬۰۵۵, with total interest of ‎ریال ۵۵٬۴۴۴٬۹۹۹٬۸۷۲ over the full term.

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Mortgage Calculator

USD

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

$643,368,055

PITI

Principal + Interest

$593,368,055

65% goes to interest

Total Interest

$55,444,999,872

over 12 years

Monthly Breakdown

Principal & Interest$593,368,055

Property Tax (1.1%/yr)$34,375,000

Homeowner's Insurance (0.5%/yr)$15,625,000

Total Monthly$643,368,055

Principal vs Interest Split

35% principal

65% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

Reviewed by

Aisha Rahman, CFP®, MBA LinkedIn ↗

CFP® with 12+ years in mortgage & retirement planning.

Local context

وام مسکنs in Iran

Typical loan

‎ریال ۳۰٬۰۰۰٬۰۰۰٬۰۰۰

in Iran

Typical rate

22% p.a.

prime borrower, 2026

Typical term

12 years

most common

Market overview

Iranian mortgages are dominated by Bank Maskan (the specialist housing bank, by far the largest mortgage lender), Bank Melli Iran (state, the largest bank overall), Bank Saderat Iran, Bank Mellat, Bank Tejarat, Bank Sepah and a number of private banks including Bank Pasargad, Bank Parsian and Bank Saman. Iran operates under Islamic banking law (no riba), so all financing is structured as Murabaha, Jualah, Salaf or Musharaka rather than conventional interest loans. The Central Bank of Iran (CBI) sets profit-rate ceilings for the banking system; the official USD/IRR rate (currently around 42,000 IRR/USD for limited essential imports) coexists with the NIMA exchange-system rate and a much weaker free-market rate above 600,000 IRR/USD in 2025-2026 — gaps driven by sanctions and currency stress. The Maskan Mehr and successor Nehzat-e Melli Maskan / National Housing Movement programs channel subsidised housing finance through Bank Maskan.

Why 22% is the typical rate

22% reflects a typical Bank Maskan Murabaha home-finance profit rate for a salaried Iranian buyer outside subsidised tranches in early 2026; National Housing Movement and Maskan Mehr program beneficiaries pay materially lower effective rates.

Tax & regulatory notes

Property transfer fees (hagh-e sabt) at the Notary Public (Daftarkhaneh) and Sazman-e Sabt are typically 0.5-1% of declared value plus stamp duties. Annual property tax exists at modest rates for higher-value units. Capital gains on most individual residential transactions are not separately taxed but transfer-tax inflation has been used as a policy lever. The Nehzat-e Melli Maskan (National Housing Movement) program, launched 2021 and expanded under successive administrations, targets construction of millions of units financed via Bank Maskan with subsidised Musharaka and Jualah facilities, typically requiring beneficiaries to be on the housing registry and meet income criteria. The Maskan-e Yekm (First Home) savings-and-finance product remains a route for first-time buyers.

🧮 Worked example

A وام مسکن of 30,000,000,000 ﷼ at 22% over a 12-year term

Loan amount

‎ریال ۳۰٬۰۰۰٬۰۰۰٬۰۰۰

Annual interest rate

22%

Term

12 years (144 months)

Monthly payment

‎ریال ۵۹۳٬۳۶۸٬۰۵۵

Total interest paid

‎ریال ۵۵٬۴۴۴٬۹۹۹٬۸۷۲

Total paid (principal + interest)

‎ریال ۸۵٬۴۴۴٬۹۹۹٬۸۷۲

❓ FAQ (Iran)

Common questions in Iran.

وام مسکن بانک مسکن چگونه کار می‌کند و چه کسی واجد شرایط است؟

Bank Maskan offers tranches of housing finance under Murabaha, Jualah and Musharaka structures, including the Maskan-e Yekm (First Home) savings deposit-linked facility where deposits are made for 12+ months before a matched-tenor loan is granted at preferential profit rates. National Housing Movement beneficiaries access the most heavily subsidised tranches. Eligibility typically requires Iranian citizenship, no prior home ownership for first-home tranches, registration on the housing registry and income within program ceilings.

Can foreigners buy property in Iran?

Foreign ownership of residential land and property in Iran is heavily restricted and generally requires special permission. In practice, non-Iranian individuals rarely hold direct title to residential property outside very narrow diplomatic, commercial and free-zone contexts. Iranians abroad with valid national identity (shenasnameh / national card) retain full ownership and financing rights as nationals. Free zones (Kish, Qeshm, Chabahar) operate under their own more open regulations for certain investments.

چرا نرخ سود رسمی و بازار آزاد ارز اینقدر فاصله دارد و این چه تأثیری بر وام مسکن دارد؟

Iran maintains multiple exchange rates — an official rate (around 42,000 IRR/USD for essentials), a NIMA managed rate and a free-market rate well above 600,000 IRR/USD — reflecting sanctions, oil-revenue constraints and high domestic inflation. CBI-imposed profit-rate ceilings on Maskan and other banks have not kept pace with the parallel-market signal, meaning real (inflation-adjusted) financing rates have often been deeply negative for borrowers in the subsidised tranches. This is a major reason housing demand and prices have risen so sharply in toman terms, and why access to Bank Maskan tranches is rationed and politically managed.

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