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 Jan 27, 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** |
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30 years fixed | 6.500% | 6.669% | $1,524 | $1,195 | $1,517 |
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15 years fixed | 5.625% | 5.876% | $1,212 | $1,195 | $1,977 |
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*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** |
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30 years fixed | 6.750% | 6.912% | $1,289 | $1,195 | $1,557 |
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15 years fixed | 5.750% | 5.964% | $638 | $1,195 | $1,993 |
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*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.