BEST OFFERS
Employed Resident 3.94% | Self Employed Resident 3.99%
EIBOR RATES TODAY
On |
4.450600
One Week |
4.595530
One Month |
4.560320
Three Months |
4.562010
Six Months |
4.384720
TWELVE MONTHS |
4.393990
Value Date |
25-11-2024
BEST OFFERS
Employed Resident 3.94% | Self Employed Resident 3.99%
EIBOR RATES TODAY
On |
4.450600
One Week |
4.595530
One Month |
4.560320
Three Months |
4.562010
Six Months |
4.384720
TWELVE MONTHS |
4.393990
Value Date |
25-11-2024
Mortgage Loan
It is a legally binding contract between a borrower and a lender to buy, construct or renovate a building/property. A mortgage loan results when an individual doesn’t have all funds upfront to buy a property. The borrower will request funds from a lender to purchase the property. Until the borrowed funds and accrued interest is paid in full the lender will have a lien on the collateral property.
Best Mortgage Rates in UAE
Updated Daily
Employed Resident
3.94%
Fixed for 3 years
Thereafter
1.5% + 3M EIBOR with a minimum floor rate of 1.99%
Property Insurance - 0.0525% p.a.
Life Insurance - 0.0112% 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
3.99%
Fixed for 3 years
Thereafter
1.59% + 3M EIBOR with a minimum floor rate of 2.75%
Property Insurance - 0.0483% p.a.
Life Insurance - 0% 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.
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
