# Turkey Loan Rates: Personal, Housing and Vehicle Loans

The weighted average rates banks charge on new loans, by loan type, from the central bank's weekly data. Rates are annual and are market averages. In the week to 16 October 2026, banks charged weighted average annual rates of 61.50% on personal loans, 43.63% on vehicle loans, 41.50% on housing loans and 48.44% on commercial loans in Turkish lira.

| Fact | Value |
|---|---|
| Personal loans | 61.50% (week to 16 October 2026) |
| Housing loans | 41.50% (week to 16 October 2026) |
| Vehicle loans | 43.63% (week to 16 October 2026) |
| Read | Read from EVDS: Oct 27, 2026, 18:00 |

Loan payment calculator: Choose a loan type, an amount and a term; the calculator works out the equal monthly payment from the average rate of the week to 16 October 2026. The monthly rate is the annual rate divided by 12; taxes and fees are not included.

## Rates by loan type (week to 16 October 2026)

| Loan type | Annual rate |
|---|---|
| Personal loans | 61.50% |
| Vehicle loans | 43.63% |
| Housing loans | 41.50% |
| Consumer loans (total) | 59.64% |
| Commercial loans (TL) | 48.44% |
| Commercial loans (USD) | 8.14% |
| Commercial loans (EUR) | 7.11% |

## Last 12 weeks

| Week to | Personal | Vehicle | Housing | Commercial |
|---|---|---|---|---|
| 16 October 2026 | 61.50% | 43.63% | 41.50% | 48.44% |
| 9 October 2026 | 62.21% | 39.77% | 41.66% | 53.02% |
| 2 October 2026 | 62.03% | 45.05% | 41.87% | 53.07% |
| 25 September 2026 | 62.73% | 47.71% | 41.82% | 52.28% |
| 18 September 2026 | 63.03% | 45.54% | 41.96% | 52.85% |
| 11 September 2026 | 64.14% | 40.53% | 41.93% | 53.64% |
| 4 September 2026 | 62.95% | 37.55% | 41.94% | 54.00% |
| 28 August 2026 | 60.64% | 47.99% | 41.89% | 51.64% |
| 21 August 2026 | 64.20% | 48.18% | 42.04% | 53.94% |
| 14 August 2026 | 65.46% | 47.30% | 42.03% | 53.15% |
| 7 August 2026 | 65.45% | 48.68% | 42.00% | 55.52% |
| 31 July 2026 | 64.93% | 45.94% | 41.84% | 52.51% |

## What the figures show

- The central bank publishes the amount-weighted average of the rates banks charged on new loans each week ("flow" data). The week date is the last day of the week.
- Rates are annual averages across banks and do not show a single bank's offer. Credit cards and overdrafts are not in the consumer loan average.
- The calculator uses the equal-instalment (annuity) formula: payment = amount × r ÷ (1 − (1 + r)^−n), r being the monthly rate and n the number of months.

## Frequently asked questions

### What is the housing loan rate in Türkiye now?

By central bank data, new housing loans in the week to 16 October 2026 carried a weighted average annual rate of 41.50%.

### What is the personal loan rate?

New personal loans in the week to 16 October 2026 carried a weighted average annual rate of 61.50%.

### How is a loan payment calculated?

With equal instalments the monthly payment follows from the amount, the monthly rate and the number of months by the annuity formula. Taxes and fees raise the payment.

### Are these the rates banks offer?

No. They are amount-weighted averages of the loans made that week. The rate a bank offers you depends on your credit profile and campaigns.

This page gives general information and is not a loan offer or investment advice.

Source: Central Bank of the Republic of Türkiye, Electronic Data Delivery System (EVDS), loan interest rates (flow, weekly).

## Related pages

- [Central bank policy rate](https://lzzo.com/turkey-interest-rate)
- [Deposit rates](https://lzzo.com/turkey-deposit-rates)
- [Rent increase rate](https://lzzo.com/turkey-rent-increase-rate)
- [Turkey inflation rate](https://lzzo.com/turkey-inflation-rate)

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