Mortgage in Kazakhstan 2026: How to Buy an Apartment and Not Overpay 5–10 Million Tenge

In 2026 regular mortgage rates are 20–24 %, while preferential programs offer from 7 %. But limits run out very quickly, and choosing the wrong bank or program can add 5–10 million tenge in overpayment over 20–25 years.

In this article — only up-to-date information as of April 2026: which programs are active, where the best rates are, and a step-by-step plan to get a mortgage with minimal overpayment.

The main change is that the maximum GESV is now capped at 20 %. Banks calculate conditions individually: the larger the down payment and the shorter the term — the lower the real rate.

Preferential programs (7-20-25 and Nauryz) continue to operate, but limits are issued quarterly and run out in just a few days. Requirements for income and credit history have become stricter.

• 7-20-25 — 7 % rate, down payment from 20 %, term up to 25 years, only new buildings. Maximum 30 million in Almaty/Astana, 25 million in regions.
• Nauryz — 7–9 % rate, down payment from 10 %, term up to 19 years, suitable for both primary and secondary housing.
• Otbasy Bank — the lowest rates (from 3.5–6 %) after accumulating on a deposit. The most profitable long-term option.
• Commercial mortgage (Halyk, BCC, Forte, etc.) — rates 20.5–24 %. Use only if you don’t qualify for preferential programs.

Otbasy Bank wins on total overpayment, but requires time to accumulate savings. Preferential programs 7-20-25 and Nauryz are the fastest way to get a low rate. Commercial banks are a backup option if you don’t qualify for benefits.

Don’t look only at the nominal rate. Calculate GESV + insurance + appraisal + notary. At 7 % rate and 25-year term the overpayment is usually 40–45 % of the loan amount. At 22 % — already 100–120 %. Use calculators on krisha.kz or in bank apps.

1. Check if you qualify for preferential programs (7-20-25, Nauryz, Otbasy).
2. Close small loans and improve your credit history.
3. Save the maximum possible down payment.
4. Apply to 2–3 banks at once and compare GESV.
5. Apply through digital mortgage — faster and often cheaper.
6. After approval, complete appraisal, insurance and notary.
7. Plan early repayment (especially with a high rate).

• Taking the minimum down payment and maximum term.
• Not comparing GESV across banks.
• Missing the preferential program window.
• Forgetting mandatory insurance and appraisal.
• Not refinancing when rates drop.

Useful materials on zhivem.kz:

• Cashback and installments
• Currency exchange and fee-free transfers
• Food and grocery delivery 2026
• Supermarkets Kazakhstan 2026
• Utilities and JKh 2026

In 2026 a mortgage can be profitable if you choose the right program and bank. The main thing is to qualify for preferential conditions (7-20-25 or Nauryz), save the maximum down payment and compare GESV. One right choice can save you 5–10 million tenge over the entire loan term.