Home Finance

Avail of simple, convenient and transparent home financing through Bayt Al-Khair from Samba.

Bayt Al-Khair is a Shariah-compliant solution to purchase a ready villa, ready apartment, residential apartment building, home under construction (incomplete), a plot of land or to construct your own home.

We offer finance towards the purchase of the following:

Ready/ Under Construction Villas

Ready/ Under Construction Villas

Buy a ready or under construction villa of your choice, complete building it and repay over a period of up to 30 years.

Maximum loan amount up to
SR 5 Million.

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Ready/ Under Construction Apartments

Ready/ Under Construction Apartments

Buy a ready or under construction apartment of your choice and repay over a period of up to 25 years.

Maximum loan amount up to
SR 3 Million.

 
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Residential Apartment Building

Residential Apartment Building

Get funding to buy your own apartment building.

Maximum loan amount up to
SR 5 Million.

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Land Plot

Land Plot

Get funding to purchase a plot of land.

Maximum loan amount up to
SR 1.5 Million.

 
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Home Self-Construction

Home Self-Construction

Get finance to construct the villa of your dreams on a plot of land that you already own.

Maximum loan amount up to
SR 3 Million.

 
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Additional Finance Program in Cooperation with The Real Estate Development Fund

Additional Finance Program in Cooperation with The Real Estate Development Fund

This is a real estate financing program for customers who have been issued approvals from the Real Estate Development Fund on the available and eligible state loan of 500,000 Riyals maximum and meet the credit criteria of Samba Financial Group.

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* Terms and conditions apply. Management fees equivalent to 1% of the financed amount or SR 5,000 whichever is less (VAT of 5% applies to the fees). As an example:

20 Years
Property Market Value Loan To Value Ratio Fixed Or Variable Rate APR* In Maturity Years Payment Type Monthly Repayment Amount Early Payment Charge
850,000.00 Up to 90% Fixed 5.71% 20 Years Principal And Term Cost 5843.75 Profit of future 3 Installments

10 Years
Property Market Value Loan To Value Ratio Fixed Or Variable Rate APR* In Maturity Years Payment Type Monthly Repayment Amount Early Payment Charge
850,000.00 Up to 90% Fixed 4.84% 10 Years Principal And Term Cost 8854.17 Profit of future 3 Installments


25 Years
Property Market Value Loan To Value Ratio Fixed Or Variable Rate APR* In Maturity Years Payment Type Monthly Repayment Amount Early Payment Charge
850,000.00 Up to 90% Fixed 5.90% 25 Years Principal And Term Cost 5312.50 Profit of future 3 Installments

* APR may differ depending on the amount and maturity period different from the above example and subject to credit scoring of each customer.
* Samba Financial Group is subject to the supervision and oversight of Saudi Arabian Monetary Agency.

For more examples please click here