BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 4.10%
TODAY'S CURRENT EIBOR
On |
3.578840
One Week |
3.706970
One Month |
3.777090
Three Months |
3.916120
Six Months |
3.951160
TWELVE MONTHS |
4.215640
BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 4.10%
TODAY'S CURRENT EIBOR
On |
3.578840
One Week |
3.706970
One Month |
3.777090
Three Months |
3.916120
Six Months |
3.951160
TWELVE MONTHS |
4.215640
Annualised Percentage Rate (APR)
Annualised Percentage Rate (APR) is a figure that shows the overall cost of a loan over a year. Instead of looking at interest alone, it combines the interest rate with the fees charged by the bank, to understand the cost of borrowing.
It is mainly used to compare different loan offers. For example, two loans may have similar interest rates, but the one with higher banking / arrangement fees will have a higher APR.
This makes APR a more reliable way to understand which option is cost effective. It is important to note that APR usually covers only the charges that are built into the loan. Fees that depend on behaviour such as late payment penalties or early settlement charges are not normally included.
Best Mortgage Rates in UAE
Updated Daily
Employed Resident
3.78%
Fixed for 2 years
Thereafter
1.89% + 6M EIBOR with a minimum floor rate of 3.24%
Property Insurance - 0.06% p.a.
Life Insurance - 0.035% p.m
Employed Non Resident
4.19%
Fixed for 3 years
Thereafter
1.99% + 3M EIBOR with a minimum floor rate of 2.24%
Property Insurance - 0.05% p.a.
Life Insurance - 0.0102% p.m
Self Employed Resident
4.10%
Fixed for 3 years
Thereafter
2% + 3M EIBOR with a minimum floor rate of 2.99%
Property Insurance - 0.035% p.a.
Life Insurance - 0.0159% p.m
Self Employed Non Resident
4.19%
Fixed for 3 years
Thereafter
1.99% + 3M EIBOR with a minimum floor rate of 2.24%
Property Insurance - 0.05% p.a.
Life Insurance - 0.0102% p.m
Calculate Your Mortgage Repayments more accurately.
Calculate your mortgage with ease using FCMB Mortgage Calculator.
Explore your eligibility and affordability of mortgages with the Best Mortgage Calculator in UAE.
Calculate Now
Calculate your repayment schedule with a click
