Uganda 💰 UGX Last updated2026-05-28

Home loan Calculator Uganda

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Quick answer (Uganda)

A USh 350,000,000 home loan at 17.5% over a 15-year term works out to a monthly payment of about USh 5,511,024, with total interest of USh 641,984,295 over the full term.

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Mortgage Calculator

USD

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

$6,094,357

PITI

Principal + Interest

$5,511,024

65% goes to interest

Total Interest

$641,984,295

over 15 years

Monthly Breakdown

Principal & Interest$5,511,024

Property Tax (1.1%/yr)$401,042

Homeowner's Insurance (0.5%/yr)$182,292

Total Monthly$6,094,357

Principal vs Interest Split

35% principal

65% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

Reviewed by

Aisha Rahman, CFP®, MBA LinkedIn ↗

CFP® with 12+ years in mortgage & retirement planning.

Local context

Home loans in Uganda

Typical loan

USh 350,000,000

in Uganda

Typical rate

17.5% p.a.

prime borrower, 2026

Typical term

15 years

most common

Market overview

Ugandan mortgages are led by Stanbic Bank Uganda (the largest commercial bank), Centenary Bank, Absa Bank Uganda, dfcu Bank, Housing Finance Bank (the specialist mortgage lender) and Standard Chartered Uganda. Housing Finance Bank holds the deepest mortgage book historically, while Stanbic dominates upper-income lending. The Bank of Uganda Central Bank Rate (CBR) is 9.75% in early 2026, with commercial bank prime rates 14-17% and mortgage rates running 1-4% above prime.

Why 17.5% is the typical rate

17.5% reflects typical UGX fixed mortgage pricing for a salaried Ugandan borrower at 80% LTV in early 2026, around prime plus 2-3%.

Tax & regulatory notes

Stamp duty is 1.5% of property value (Stamp Duty Act 2014). Land tenures are mailo, freehold, leasehold and customary, with mailo and leasehold the most mortgageable. Capital Gains Tax for non-individual sellers is 30% on the gain; individuals are typically exempt on principal residences. The Mortgage Act 2009 governs creation and enforcement, and the National Housing and Construction Company (NHCC) delivers affordable units. NSSF mid-term access (20% from age 45 with 10 years contribution) is a common down-payment source.

🧮 Worked example

A USh 350,000,000 home loan at 17.5% over a 15-year term

Loan amount

USh 350,000,000

Annual interest rate

17.5%

Term

15 years (180 months)

Monthly payment

USh 5,511,024

Total interest paid

USh 641,984,295

Total paid (principal + interest)

USh 991,984,295

❓ FAQ (Uganda)

Common questions in Uganda.

Can I use my NSSF savings for a mortgage deposit in Uganda?

Yes. Under the NSSF Amendment Act 2022, members aged 45 with at least 10 years of contributions can access up to 20% of their savings (mid-term benefit), and many borrowers use this withdrawal as the deposit on a Stanbic, Housing Finance or Centenary mortgage. NSSF also has a separate scheme with HFB allowing collateralisation of accrued benefits in some products.

What is mailo land and can banks lend against it?

Mailo is a freehold-like tenure unique to Buganda created by the 1900 Agreement, common around Kampala. Banks lend against registered mailo titles, but bibanja (tenant-occupied) interests on mailo complicate enforcement — most lenders insist on vacant possession or a registered conversion to leasehold/freehold. Always verify whether the mailo title is encumbered by lawful or bona fide occupants before applying.

Can foreigners buy land in Uganda?

Non-citizens cannot own freehold or mailo land — only leaseholds of up to 99 years (Land Act 1998). Most foreign buyers acquire residential property on leasehold or hold through a Ugandan-registered company. Banks will lend to non-resident Ugandans (in the diaspora) on diaspora mortgage products at Stanbic, Centenary and HFB.

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