BEST OFFERS
Employed Resident 3.98% | Self Employed Resident 4.25%
EIBOR RATES TODAY
On |
5.241700
One Week |
5.356100
One Month |
5.109190
Three Months |
4.857190
Six Months |
4.484690
TWELVE MONTHS |
4.106220
BEST OFFERS
Employed Resident 3.98% | Self Employed Resident 4.25%
EIBOR RATES TODAY
On |
5.241700
One Week |
5.356100
One Month |
5.109190
Three Months |
4.857190
Six Months |
4.484690
TWELVE MONTHS |
4.106220
ESF (Early Settlement Fee)
The bank charges a penalty fee if a borrower settles the complete mortgage loan earlier than the stipulated tenor in the mortgage contract. This penalty is designed to minimize lost interest revenue due to early settlement for the bank on the mortgage loan. Central Bank of UAE regulations caps the fee at 1% of the amount replayed early with a maximum of AED10,000.
Best Mortgage Rates in UAE
Updated Daily
Employed Resident
3.98%
Fixed for 5 years
Thereafter
1.65% + 3M EIBOR with a minimum floor rate of 2.49%
Property Insurance - 0.035% p.a.
Life Insurance - 0.0242% p.m
Employed Non Resident
4.35%
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
4.25%
Fixed for 3 years
Thereafter
1.69% + 3M EIBOR with a minimum floor rate of null%
Property Insurance - 0.035% p.a.
Life Insurance - % p.m
Self Employed Non Resident
4.35%
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.
LTV in %
Calculate Now
Calculate your repayment schedule with a click
Knowledge Hub
31/07/2023
-
6 Min Read
CLICK TO READ
31/08/2022
-
6 Min Read
CLICK TO READ
