Disclosure Tables:
Last update was on 1/5/2023
Disclosure of Interest Rates on Financing and Savings Products instructed by SAMA:
Example 1: Residential Mortgage (Masakin) for REDF & MOH beneficiaries (1):
| Property Market Value | Loan to Value Ratio (2) | Fixed or Variable Rate (3) | APR | Maturity | Payment Type | Monthly Repayment Amount | Early Payment Charge |
| 600,000 | 90% | Fixed Rate | 7.05 | 15 years | Principal and profit | 4,758 | Profit of future 3 installments |
(1) Depending on the risk profile of the consumer, pricing can change for some customers as compared to the above example.
(2) First time homebuyer.
(3) Rate fixed for entire term of loan.
Example 2: Residential Mortgage for REDF & MOH beneficiaries (Masakin) (1):
| Property Market Value | Loan to Value Ratio (2) | Fixed or Variable Rate (3) | APR | Maturity | Payment Type | Monthly Repayment Amount | Early Payment Charge |
| 600,000 | 90% | Fixed Rate | 6.87 | 20 years | Principal and profit | 4,038 | Profit of future 3 installments |
(1) Depending on the risk profile of the consumer, pricing can change for some customers as compared to the above example.
(2) First time homebuyer.
(3) Rate fixed for entire term of loan.
Example 1: Residential Mortgage (Masakin) (1):
| Property Market Value | Loan to Value Ratio (2) | Fixed or Variable Rate (3) | APR | Maturity | Payment Type | Monthly Repayment Amount | Early Payment Charge |
| 600,000 | 90% | Fixed Rate | 7.32 | 20 years | Principal and profit | 4,174 | Profit of future 3 installments |
(1) Depending on the risk profile of the consumer, pricing can change for some customers as compared to the above example.
(2) First time homebuyer.
(3) Rate fixed for entire term of loan.
(4) Up to 6 months grace period, your payment will start after 6 months once you get your home.
Example 2: Residential Mortgage (Masakin) (1):
| Property Market Value | Loan to Value Ratio (2) | Fixed or Variable Rate (3) | APR | Maturity | Payment Type | Monthly Repayment Amount | Early Payment Charge |
| 600,000 | 90% | Fixed Rate | 7.30 | 25 years | Principal and profit | 3,804 | Profit of future 3 installments |
(1) Depending on the risk profile of the consumer, pricing can change for some customers as compared to the above example.
(2) First time homebuyer.
(3) Rate fixed for entire term of loan.
(4) Up to 6 months grace period, your payment will start after 6 months once you get your home.
Example 1: Residential Mortgage (Ijarah Fixed) (1):
| Property Market Value | Loan to Value Ratio (2) | Fixed or Variable Rate (3) | APR | Maturity | Payment Type | Monthly Repayment Amount | Early Payment Charge |
| 600,000 | 90% | Fixed Rate | 6.87 | 15 years | Principal and profit | 4.038 | Profit of future 3 installments |
(1) Depending on the risk profile of the consumer, pricing can change for some customer as compared to the above example.
(2) First time homebuyer.
Example 2: Residential Mortgage (Ijarah Fixed) (1):
| Property Market Value | Loan to Value Ratio (2) | Fixed or Variable Rate (3) | APR | Maturity | Payment Type | Monthly Repayment Amount | Early Payment Charge |
| 600,000 | 90% | Fixed Rate | 7.05 | 20 years | Principal and profit | 3,672 | Profit of future 3 installments |
(1) Depending on the risk profile of the consumer, pricing can change for some customer as compared to the above example.
(2) First time homebuyer.
Note: The above disclosure tables are for example and that prices are subject to change for some customers in the event of influencing factors such as the credit history of the consumer.
For more examples: Go to the Calculator