16.12.2025 09:41
Following the Central Bank's decision to cut interest rates, there has been a significant downward movement in housing loan interest rates. With Ziraat Bank's rate reduced to 2.49%, the lowest levels in recent months have been observed, resulting in a total repayment decrease of approximately 202,000 TL for a housing loan of 1 million TL.
After the Central Bank's decision to cut interest rates last week, banks continue to announce new reductions in housing loan rates one after another. Housing loan interest rates, which have remained stable at 2.69% for months, were initially reduced to 2.65%, increasing activity in the market.
STRIKING MOVE FROM ZIRAAT BANK
At the beginning of this week, Ziraat Bank announced a new step for a reduction. The bank lowered the interest rate applied under the "Housing Loan Product Package" from 2.69% to 2.49%. With this rate, the lowest interest level seen in housing loans in recent months has been recorded.
CURRENT LOWEST INTEREST RATES IN BANKS
As of December 16, 2025, the lowest housing loan rates offered by banks are as follows:
- Ziraat Bank: 2.49%
- Akbank: 2.65%
- Halkbank: 2.69%
- QNB: 2.69%
- Vakıf Katılım: 2.74%
- Albaraka: 2.75%
- Ziraat Katılım: 2.79%
- Türkiye İş Bankası: 2.79%
- Kuveyt Türk: 2.81%
- TEB: 2.85%
REPAYMENT TABLE FOR 1 MILLION TL LOAN
According to the calculation based on the lowest interest rate; for a housing loan of 1 million TL with a maturity of 120 months, the monthly installment amount is calculated to be approximately 26,273 TL at an interest rate of 2.49%. The total repayment for this loan is realized at the level of 3 million 152 thousand 785 TL.
OVER 202 THOUSAND TL REDUCTION IN INTEREST BURDEN
Last week, before the latest reductions, the total repayment of the lowest rate housing loan of 1 million TL with a maturity of 120 months was approximately 3 million 354 thousand 838 TL. With the new reduction, this amount has decreased to approximately 3 million 152 thousand 760 TL.
After the last reduction, there was a decrease of about 1,427 TL in monthly installments, while the total interest burden decreased by 202 thousand 78 TL. This decline has significantly eased the costs for those planning to use housing loans.