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Mortgage Calculator (Morocco)

Calculate your mortgage with ease

Buying a property is a life project that usually involves taking out a home loan.

In Morocco, the lending market is active and a growing number of buyers, whether residents, Moroccans living abroad or international investors, need clear and accessible tools to understand the true cost of their financing.

It is with that need in mind that we have designed a mortgage simulator for Morocco, built to give buyers a precise picture of their monthly repayments, the overall cost of their loan and the impact of their initial deposit.

With the expertise of Morgan Richez and Hayatte Loukili, specialists in the Moroccan property market and co-founders of Morgan & James, we explain here how to use this simulator and which key factors to consider before signing a loan agreement.

Why use a mortgage simulator for Morocco?

A simulator is far more than a convenience tool. It is a genuine aid to informed decision-making. It enables you to:

Assess your borrowing capacity based on your budget and deposit.
Compare different scenarios across loan terms and interest rates.
Anticipate the true cost of your mortgage, including bank interest and ancillary fees.
Enter any bank conversation with confidence, armed with a clear picture of your situation.

Ignore local taxes

“A well-prepared buyer is a buyer who negotiates from a position of strength. Knowing your monthly repayments and the total cost of your loan in advance allows you to approach the bank with far greater confidence.”

— Morgan Richez

The components of a mortgage in Morocco

The total cost of a mortgage loan depends on several key factors.

The purchase price

This is the basis of all calculations. The higher the property price, the larger the amount borrowed.

The deposit

It is generally advisable to have a deposit of 10% to 20% of the purchase price. The larger your deposit, the lower your monthly repayments and the less you pay in interest overall.

The interest rate

In 2025, rates in Morocco vary according to the borrower’s profile and the bank:

Between 4.2% and 5% for fixed-rate loans.
From 3.8% for variable-rate loans, which carry more risk as they are index-linked.

The loan term

In Morocco, mortgages typically run for 10 to 25 years. The longer the term, the lower the monthly repayments, though the overall cost of the loan increases accordingly.

Mortgage insurance

This is compulsory and protects both the bank and the borrower in the event of death, disability or job loss. It adds approximately 0.2% to 0.4% to the overall rate.

Example calculation

For an apartment purchased at 2,500,000 MAD with a deposit of 500,000 MAD and a loan of 2,000,000 MAD:

Term:

20 years

Fixed rate

4.5 %

Monthly repayment (excluding insurance)

approx. 12,650 MAD

Total interest over the full term

approx. 1,036,000 MAD

Total cost of the loan

approx. 3,036,000 MAD

Practical advice from our experts

Compare banks carefully

As Hayatte Loukili observes, “Not all Moroccan banks offer the same conditions. A thorough comparison can save you several hundred thousand dirhams over the full term of your loan.”

Negotiate your mortgage insurance

Do not simply accept the insurance package offered by your bank. Arranging insurance independently can reduce the overall cost of your loan significantly.

Factor in additional costs

Beyond the loan itself, remember to account for notary fees, bank valuation charges and any applicable service charges or maintenance fees.

Common mistakes to avoid

Underestimating the insurance: it can represent a substantial ongoing cost.
Focusing solely on the monthly repayment: a lower monthly figure can conceal a higher overall cost.
Failing to maintain a financial buffer: it is advisable to keep a reserve to cover unforeseen expenses.

Why work with Morgan & James?

Our role extends well beyond finding you the right property. We are here to support you through the financing process too. With our expertise, we help you simulate and fully understand your loan, we negotiate on your behalf with our partner banks, and we secure every step of the process from the initial loan offer through to the final signature.

Would you like to calculate your mortgage in Morocco and receive a personalised simulation?

Contact Morgan & James today to benefit from the expertise of Morgan Richez and Hayatte Loukili. Our team will support you through every aspect of your project, from acquisition to financing.

Mortgage calculator