Free tool · Real-time
Mortgage Affordability Calculator
Enter your net income, your spouse's income, existing debts, and desired mortgage terms to find out how large a mortgage you can take.
Income
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Leave at 0 if not applicable
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Car loans, credit lines, etc.
Mortgage Terms
years
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Max Monthly Payment
0 ₪
Based on 30% of combined income
Max Mortgage Amount
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Combined Net Income
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🛡️ Recommended (25%)
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🛡️ Recommended Payment
0 ₪
💡 Safety margin (25%): We recommend limiting your payment to 25% of net income rather than 30% — to leave room for unexpected expenses and potential rate increases.
Frequently Asked Questions
About mortgage affordability in Israel
What percentage of income should go toward a mortgage?
Advisors recommend up to 30% of net income for all debt payments (including the mortgage). Banks approve up to 40%, but it's safer to stay at 25-30% to handle unexpected costs and potential rate hikes.
Do banks count both spouses' income?
Yes. Israeli banks use the combined net income of both spouses when evaluating affordability, which allows a higher mortgage. However, make sure you can still manage payments if one spouse stops working.
What's the difference between 30% and 25%?
30% is the standard maximum recommendation. 25% (safety margin) leaves extra room for savings, emergencies, and rate increases — recommended for families or those with variable income.