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Myanmar 💰 MMK Last updated2026-05-28 Mortgage Calculator
Myanmar
Known locally as အိမ်ရာချေးငွေ (ein-yar chay-ngway / housing loan)
A K 200,000,000 housing loan at 14.0% over a 15-year term works out to a monthly payment of about ၂,၆၆၃,၄၈၃ K, with total interest of ၂၇၉,၄၂၆,၉၀၀ K over the full term.
Mortgage Calculator
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Local context Mortgages in Myanmar
Market overview
Myanmar housing finance is concentrated in a handful of private banks — Kanbawza Bank (KBZ), Yoma Bank, AYA Bank, and CB Bank — alongside the state Construction, Housing and Infrastructure Development Bank (CHID Bank) which runs the country's main affordable housing program. Following the February 2021 military takeover, the Central Bank of Myanmar (CBM) has maintained a 7% policy rate with capped deposit rates of 8% and lending-rate ceilings of 13-16%, while the kyat has lost roughly two-thirds of its value against the US dollar on parallel markets. International sanctions and the FATF grey-listing have severed most correspondent banking, restricting FX mortgages and making long-term housing finance scarce. Most mortgages are short-tenor (10-15 years) MMK-denominated loans to salaried borrowers in Yangon or Mandalay.
Why 14% is the typical rate
14% sits near the CBM's lending ceiling and reflects what KBZ or AYA Bank would charge a salaried Yangon borrower at 60-65% LTV in early 2026, with banks rationing volume due to MMK liquidity and sanctions friction.
Tax & regulatory notes
Myanmar applies stamp duty of 2% on property transfers plus 0.5% registration fee under the Stamp Act. Capital gains on property are taxed at 10% for residents and 40% for non-residents. The Condominium Law of 2016 allows foreigners to own up to 40% of units in a registered condominium building above the sixth floor, but freehold land ownership by foreigners remains prohibited. CHID Bank operates the government's low-cost housing program in Yangon's Dagon Seikkan and Hlaingthaya townships at subsidised rates around 8-9%, though waitlists are years long.
Local banks Myanmar mortgage rates by bank
The main အိမ်ရာချေးငွေ (ein-yar chay-ngway / housing loan) lenders in Myanmar, with indicative 2026 rates and typical loan-to-value caps. Rates vary by borrower profile, residency and property type — use the calculator above with each bank's quoted rate to compare your real monthly payment.
Yoma Bank
One of the most active private housing lenders, known for its home-loan tie-ups with Yangon condo developments (often marketed through property portals like iMyanmarHouse). Tenors typically 10–15 years.
KBZ Bank
Myanmar's largest private bank. Home loans concentrate on Yangon and Mandalay apartments for salaried borrowers; documentation and land-title checks dominate approval timelines.
AYA Bank & CB Bank
Major private banks offering housing loans at broadly similar double-digit MMK rates, usually requiring substantial down payments and payroll relationships.
CHDB
The state-linked Construction, Housing and Infrastructure Development Bank — channel for government affordable-housing projects with subsidised rates and longer tenors on qualifying units.
Indicative rates compiled from public bank disclosures and central-bank data for 2026; not a quote or an offer of credit. Confirm current terms directly with the lender.
A K 200,000,000 housing loan at 14.0% over a 15-year term
၂၀၀,၀၀၀,၀၀၀ K 14% 15 years (180 months) ၂,၆၆၃,၄၈၃ K ၂၇၉,၄၂၆,၉၀၀ K ၄၇၉,၄၂၆,၉၀၀ K 
