MORTGAGE CALCULATOR
Estimate your monthly mortgage payment.
Plug in price, deposit, term, and interest rate. We'll show your monthly payment, total interest, and an amortization breakdown — in Ugandan Shillings or US Dollars.
Your numbers
All fields editable. Numbers below update as you type.
30% of home price
May 2026 indicative rate for 15-yr Ugandan Shilling mortgages: 17.5%
YOUR ESTIMATED MONTHLY PAYMENT
USh5,222,421
Principal & interest + tax + insurance · 15-year fixed @ 17.5%
Principal & interestUSh4,959,921
Property taxUSh187,500
InsuranceUSh75,000
Loan amount
USh315,000,000
Total interest
USh577,785,866
Total paid over term
USh940,035,866
Payoff date
2041
How HomSeeq calculates your mortgage
We use the standard amortizing-loan formula: M = P × [r(1+r)n] / [(1+r)n–1], where P is your loan principal, r is your monthly interest rate, and n is the total number of payments. Property tax and insurance are added on top of the principal-and-interest figure to give your true monthly outlay.
What's not included: Stamp duty (1.5% of property value, payable to URA on transfer), legal fees, valuation fees, mortgage protection insurance, and any early-repayment charges. For an all-in cost, layer those on top of our estimate.
Tips for a sharper estimate
- Get today's actual rate from your bank — Stanbic, dfcu, Centenary, Housing Finance, and KCB all publish different rates and most are open to negotiation. Our default reflects market averages for a 15-year UGX mortgage.
- Budget for ground rent (USh 50,000–500,000/year on Mailo and leasehold titles) and annual property service tax where the local council applies one.
- Get a building insurance quote from Jubilee, UAP, or Sanlam before signing — banks typically require cover assigned to them as mortgagee.
- Most Ugandan lenders require a deposit of 20–30%; below that, expect a stricter loan-to-income test and mortgage protection cover.