Affordable, competitive pricing, and dedicated service demonstrate our leadership in the U.S. Islamic Home Financing Market.
Below values are for a $320,000 home as of Mar 20, 2023. Click here for additional assumptions.
We assume that closing costs are paid out of pocket; this is your primary residence and is a single family home; debt-to-income ratio is less than 43%; credit score is over 740; and an escrow account for the payment of taxes and insurance. The stated rates may change or not be available at the time of financing or rate lock-in.
Term | Profit Rates* | APR | DISCOUNT POINTS | Origination Fee | Monthly Payment** |
---|
30 years fixed | 6.875% | 7.043% | $1,416 | $1,195 | $1,577 |
---|
15 years fixed | 6.500% | 6.685% | $139 | $1,195 | $2,091 |
---|
*The stated rates may change or not be available at the time of financing commitment or rate lock-in.
**Does not include amounts for taxes and insurance premium. If applicable, actual payment will be greater.
Term | Profit Rates* | APR | DISCOUNT POINTS | Origination Fee | Monthly Payment** |
---|
30 years fixed | 6.875% | 7.056% | $1,721 | $1,195 | $1,577 |
---|
15 years fixed | 6.625% | 6.811% | $142 | $1,195 | $2,107 |
---|
*The stated rates may change or not be available at the time of financing commitment or rate lock-in.
**Does not include amounts for taxes and insurance premium. If applicable, actual payment will be greater.