BEST OFFERS
Employed Resident 4.75% | Self Employed Resident 5.14%
EIBOR RATES TODAY
On |
4.964850
One Week |
5.087350
One Month |
5.267060
Three Months |
5.312180
Six Months |
5.394810
One Year |
5.337810
BEST OFFERS
Employed Resident 4.75% | Self Employed Resident 5.14%
EIBOR RATES TODAY
On |
4.964850
One Week |
5.087350
One Month |
5.267060
Three Months |
5.312180
Six Months |
5.394810
One Year |
5.337810
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.
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Best Mortgage Rates in UAE
Updated Daily
Employed Resident
4.75%
Fixed for 3 years
Thereafter
1.75% + 12M EIBOR with a minimum floor rate of 2.25%
Property Insurance - 0% p.a.
Life Insurance - 0% p.m
Employed Non Resident
5.24%
Fixed for 5 years
Thereafter
1.79% + 3M EIBOR with a minimum floor rate of 1.69%
Property Insurance - 0.04% p.a.
Life Insurance - 0.01167% p.m
Self Employed Resident
5.14%
Fixed for 5 years
Thereafter
1.79% + 3M EIBOR with a minimum floor rate of 1.89%
Property Insurance - 0.04% p.a.
Life Insurance - 0.0116% p.m
Self Employed Non Resident
5.24%
Fixed for 5 years
Thereafter
1.89% + 3M EIBOR with a minimum floor rate of 1.89%
Property Insurance - 0.04% p.a.
Life Insurance - 0.0116% p.m
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LTV in %
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