Israel Mortgage Affordability Calculator
Calculate your complete monthly budget for buying property in Israel. This comprehensive tool combines mortgage payments, Mas Rechisha (purchase tax), Arnona (municipal tax), and living expenses into a single affordability analysis.
Features
- Israeli income tax bracket calculation with Olim benefits
- Bituach Leumi (National Insurance) and health tax deductions
- Mas Rechisha purchase tax with all buyer categories (first home, additional property, Olim, foreign resident)
- Arnona municipal tax by city and zone with Olim 90% discount
- Rent vs. Buy analysis over 25 years
- Debt-to-income ratio assessment with Bank of Israel guidelines
Frequently Asked Questions
What is the maximum mortgage in Israel? Israeli banks typically lend up to 75% of the property value for Israeli residents and 50% for foreign residents. What is Mas Rechisha? Mas Rechisha is Israel's property purchase tax, calculated on a progressive bracket system. Olim receive reduced rates for their first property purchase within 7 years of Aliyah.