Buying a home in Japan: mortgage rates and costs
What a mortgage typically costs in Japan right now, how the central bank rate compares, and a worked monthly payment example you can adjust in our calculators.
Typical mortgage rate
1.8% – 2.4%
Flat 35 fixed-rate. Variable rates start near 0.5–0.8% but reset frequently.
As of 2025-11-28. Source
Example monthly payment in Japan
| Purchase price | ¥40,000,000 |
|---|---|
| Deposit (20%) | ¥8,000,000 |
| Loan amount | ¥32,000,000 |
| Interest rate | 2.1% · 35-year term |
| Estimated monthly payment | ¥107,654 |
Illustration only, using the midpoint of the typical rate range. It excludes taxes, insurance and fees. Adjust the figures in the mortgage calculator.