BEST OFFERS
Employed Resident 3.85% | Self Employed Resident 4.50%
EIBOR RATES TODAY
On |
4.921350
One Week |
5.272150
One Month |
5.440590
Three Months |
5.118420
Six Months |
5.220140
One Year |
5.440790
BEST OFFERS
Employed Resident 3.85% | Self Employed Resident 4.50%
EIBOR RATES TODAY
On |
4.921350
One Week |
5.272150
One Month |
5.440590
Three Months |
5.118420
Six Months |
5.220140
One Year |
5.440790
FTV (Funds to Value)
This is the term used in Islamic banking similar to LTV. It is the value of the funds requested by a home buyer from the bank as a percentage of property value.
FTV = (Funds requested by the prospective home buyer from the bank / Property Value)*100
In mortgage and banking industries, FTV and LTV are used interchangeably.
Best Mortgage Rates in UAE
Updated Daily
Employed Resident
3.85%
Fixed for 3 years
Thereafter
1.49% + 3M EIBOR with a minimum floor rate of 3.85%
Property Insurance - 0.0378% p.a.
Life Insurance - 0.0431% p.m
Employed Non Resident
4.59%
Fixed for 3 years
Thereafter
1.69% + 1M EIBOR with a minimum floor rate of 4.5%
Property Insurance - 0% p.a.
Life Insurance - 0.025% p.m
Self Employed Resident
4.50%
Fixed for 3 years
Thereafter
1.75% + 3M EIBOR with a minimum floor rate of 1.75%
Property Insurance - 0.03325% p.a.
Life Insurance - 0.03% p.m
Self Employed Non Resident
4.59%
Fixed for 3 years
Thereafter
1.69% + 1M EIBOR with a minimum floor rate of 4.5%
Property Insurance - 0% p.a.
Life Insurance - 0.025% p.m
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LTV in %
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Knowledge Hub
31/07/2023
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6 Min Read
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31/08/2022
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6 Min Read
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