Mortgage in Israel
The Mashkanta is composed of multiple tracks (masloulim), each with a different rate type.
Bank of Israel Rate
BoI rate: 4.00% (maintained Jan-Mar 2026). Prime: 5.50% (BoI + 1.5%).
4 Track Types
| Track | Rate | Risk |
|---|---|---|
| Prime | 5.5% ± margin | Medium — follows BoI |
| Kavua Lo Tzamud | 4.5-5.5% fixed | Low — stable payments |
| Kavua Tzamud | 3-4% fixed + CPI | Medium — inflation indexed |
| Mishtaneh | Variable | High — resets every 5 years |
LTV Ratios
First home resident: 75% LTV (25% down). Second home/non-resident: 50% LTV.