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Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
JCB - The Housing & Urban development corporation housing loan JCB - The Housing & Urban development corporation housing loan Minimum Salary: JOD 0 Salary Transfer: No Early Settlement Fees: No Maximum Term: 30 Years Flat Rate: 0% Reducing Rate: 0%
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Features
  • Competitive interest rate.
  • No hidden commissions or any undisclosed fees.
  • Financing of up to 90 % of the estate estimated value
  • Up to 30 years repayment period.
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The calculated Annual Percentage Rate(APR) is determined using the annual interest rate on the product plus fees and other costs. The APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator
Bank Of Jordan - Mortgage Loan
Minimum Salary
JOD 0
Reducing Rate
0%
AJIB - Home Loan
Minimum Salary
JOD 0
Reducing Rate
0%
NBAD - Housing Loan
Minimum Salary
JOD 2,000
Reducing Rate
0%
Jordan Dubai Islamic Bank - Land Finance
Minimum Salary
JOD 0
Reducing Rate
0%