What Can I Actually Afford?
Stop guessing at listings. Start from what you have — your savings and your income — and this works backward to the real ceiling: the most you can pay for a home in Israel once the deposit, the bank's limits and the purchase tax all have their say.
How it breaks down
How this works. Two limits set your ceiling. Your income caps the mortgage — banks lend roughly up to a third of net income in repayments. Your cash caps the deposit, and the Bank of Israel caps how much of the price a mortgage may cover (75% first home, 70% upgrader, 50% investor or foreign resident). The tool also sets aside your purchase tax and fees from your cash first, then finds the highest price both limits allow.
An estimate, not a mortgage offer. Purchase-tax bands are illustrative and frozen at recent figures, banks assess affordability individually, and the oleh rate isn't always the cheaper choice. Confirm with a mortgage adviser, and use the Mas Rechisha and Mashkanta tools for the precise tax and loan picture. olimadvice.com