Calculating your mortgage monthly payment in Morocco: the method (2026)
Loan amount, rate and term: understand how a mortgage simulator calculates your monthly payment in Morocco, and how changing each input adjusts it to your budget.
Calculate my payment with the simulator
The essentials in questions
How do you calculate a mortgage monthly payment?
The payment depends on three things: the amount borrowed, the annual interest rate and the term. The formula is M = C × (r/12) / (1 − (1 + r/12)^−n), where C is the principal, r the annual rate and n the number of payments. A simulator applies this automatically — you enter the property price, your down payment and the term, and get the payment in seconds.
Which mortgage rate should I use in Morocco?
Rates at Moroccan banks generally range from 4 to 6% depending on your profile, the term and how much competition you create. For a reliable estimate, compare several banks — exactly what a comparator like CréditMaroc does.
How can I lower my monthly payment?
Three levers: raise your down payment (you borrow less), extend the term (lower payment but higher total cost), or negotiate a better rate. The simulator lets you test each scenario instantly.
1. The three variables that drive your payment
Every mortgage payment rests on three inputs: the principal borrowed (property price minus your down payment), the annual interest rate, and the repayment term in years. Change any one and the payment changes immediately.
In Morocco the total payment also includes borrower insurance, often a percentage of the capital. A good simulator factors it in to show a realistic payment, close to what the bank will offer.
2. The formula, explained simply
The payment is computed with the annuity formula: M = C × (r/12) / (1 − (1 + r/12)^−n). C is the principal, r the annual rate (e.g. 0.045 for 4.5%) and n the total number of payments (years × 12).
For 800,000 MAD borrowed over 20 years at 4.5%, the payment is around 5,060 MAD excluding insurance. No need for a calculator: a simulator redoes this for every combination you test.
3. Why the term changes everything
A longer term lowers the payment but raises the total cost of credit, since you pay interest for longer. A shorter term does the opposite: higher payment, cheaper credit overall.
The bank also checks your debt ratio: the payment should generally not exceed 40 to 45% of your net income. The term is often the lever that keeps you under that ceiling.
4. Simulate online rather than calculate by hand
Rather than applying the formula manually, use a mortgage simulator: enter the property price, your down payment, the term and your income, and get the payment, total cost and debt ratio in 30 seconds.
The value of a comparator like CréditMaroc is to redo this calculation across several banks at once, to find the lowest-payment offer before you even file an application.
Related guides
Publisher & sources
By the CréditMaroc editorial team · CréditMaroc
Sources: Bank Al-Maghrib, Tamwilcom, Ministry of Housing
Indicative simulation, not a credit offer. CréditMaroc is not a credit institution.