Thailand Home Loans 2026: Complete Bank Comparison — Rates, Terms & Promotions
April 11, 2026
Home Loans 2026: Market Overview
In 2026, Thailand's policy rate stands at 2.00% (down from 2.50% in 2024), prompting banks to compete with lower mortgage rates. This is a great opportunity for homebuyers.
Interest Rate Comparison (Updated Q1/2026)
New Homes from Developers
| Bank | Year 1 | Year 2-3 | After | MRR |
|---|---|---|---|---|
| Kasikorn (KBank) | 2.99% | 3.50% | MRR-1.75% (5.72%) | 7.47% |
| Krungthai (KTB) | 2.75% | 3.25% | MRR-1.50% (5.70%) | 7.20% |
| SCB | 2.99% | 3.44% | MRR-1.75% (5.62%) | 7.37% |
| Bangkok Bank (BBL) | 3.25% | 3.75% | MRR-1.50% (5.75%) | 7.25% |
| Govt Savings (GSB) | 2.69% | 3.00% | MRR-1.25% (5.50%) | 6.75% |
| Krungsri (BAY) | 2.89% | 3.39% | MRR-2.00% (5.40%) | 7.40% |
| UOB | 2.99% | 3.29% | MRR-1.74% (5.51%) | 7.25% |
| ttb | 2.79% | 3.19% | MRR-1.83% (5.42%) | 7.25% |
*Rates for retail customers, loans from 1M THB. Subject to change.
Resale/Second-hand Homes
Rates are typically 0.25-0.50% higher than new homes, with lower LTV (80-90%).
Key Terms to Know
LTV (Loan-to-Value)
| Type | 1st Contract | 2nd Contract | 3rd+ |
|---|---|---|---|
| Home < 10M THB | 100% | 90% | 70% |
| Home ≥ 10M THB | 90% | 80% | 70% |
| Condo < 10M THB | 100% | 90% | 70% |
*Per Bank of Thailand (BOT) regulations
DSR (Debt Service Ratio)
Banks require total debt obligations (including new mortgage) not to exceed 40-50% of income.
Example: 50,000 THB salary → max total debt payments 20,000-25,000 THB
Tips to Get Approved
- Prepare 6-month statements — consistent deposits, not lump sums
- Pay off credit cards/installments before applying — reduces DSR
- Apply to multiple banks simultaneously — compare offers
- Co-borrow (spouse/parents) — increases loan amount
- Good NCB Score — no missed payments, no NPL history
- Down payment 10-20% — gives banks more confidence
Special Promotions (Q1/2026)
- GSB: Free mortgage registration for loans 2M+ THB
- KTB: 0% for first 3 months + free appraisal
- KBank: 10,000 THB cashback for loans 3M+ THB
- ttb: Free fire insurance 3 years + special rate
Summary: Which Bank to Choose?
- Lowest rates: GSB, Krungthai
- Fast approval: KBank, SCB
- High loan amounts: Bangkok Bank, UOB
- Freelancers/self-employed: GSB, KTB (flexible documentation)