Mortgage terms at 5 major Azerbaijani banks: 2026 comparison
For a dacha mortgage, bank choice = 15-40k AZN over 15 years. 2026 real terms from 5 leading banks — comparison table.
1. Active offers 2026
5 banks — standard mortgage: Kapital Bank — 7.0-8.5%, down 20%; PAŞA Bank — 7.5-9.0%, 20-25%; Xalq Bank — 8.0-10.0%, 20%; Unibank — 7.8-9.5%, 20%; Bank Respublika — 8.5-11%, 25%. State IMI 5.5% — via Kapital, PAŞA, Xalq.
2. Bank features
Each bank's plus: Kapital — fastest state-mortgage flow; PAŞA — premium package for premium villas; Xalq — mortgages old houses too; Unibank — fast approval (48h); Bank Respublika — good scheme for mortgaged houses.
3. Math — 600k AZN, 15 years
600,000 AZN house, 20% down (120k), 480k mortgage, 15 years: Kapital 7.0% — payment 4,314 AZN, total 776k; Kapital 5.5% state — 3,921, total 706k; Xalq 8.5% — 4,725, total 851k. Gap between Kapital state and Xalq — 145k AZN over 15 years.
4. Documents and timing
Standard pack: ID, income statement, house documents, insurance. Timing: Kapital 3-5 days, PAŞA 5-7, Xalq 7-14, Unibank 2-3, Bank Respublika 5-10. For fastest approval — Unibank.
5-bank mortgage 2026
| Bank | Rate | Down | Approval | Feature |
|---|---|---|---|---|
| Kapital | 7.0-8.5% | 20% | 3-5 days | state 5.5% offered |
| PAŞA | 7.5-9.0% | 20-25% | 5-7 days | premium villa |
| Xalq | 8.0-10.0% | 20% | 7-14 days | old houses |
| Unibank | 7.8-9.5% | 20% | 2-3 days | fast approval |
| Bank Respublika | 8.5-11% | 25% | 5-10 days | mortgaged houses |
Mortgage bank is a 15-year partner. 1% of rate = 50-70k AZN over 15 years. Getting offers from 3 banks and comparing them is mandatory.
Application process
- 3 offers from different banks — comparison.
- Do you fit the 5.5% state mortgage? — check.
- Document pack ready.
- Insurance for 1 year — bank requirement.
- Refinance option — in the contract.
See also: 7% mortgage guide, refinancing, mortgage vs cash.
5-bank application + house shortlist
Message «EV bank» — we'll pick 3 banks for your income and send 5 houses.