Mortgage Calculator for Bahrain

Calculate your mortgage

Property Value:

BHD

Down Payment:

%

Interest Rate:

%

Loan Period:

Year

Processing Fee:

%

Mortgage Calculator for Bahrain

Home loan EMI will be a certain payment one will be making for a longer time. So, before getting a home mortgage it is important to plan and chose the one which won’t bother you later on.

Things to check before getting a home loan

  • Understand interest rates and pick the right one.
  • Apart from loan amount and interest rates, compare fees & charges like arrangement fees, early settlement fees, etc.
  • Get pre approval before making down payment.
  • Don’t put all the savings on down payment.
  • Make sure you have enough money for additional costs like registration fees, land department fees, etc.
  • Don’t skip home insurance.

How to check your affordability for a house?

  • Check whether you can afford atleast 10%-25% of the property value as down payment.
  • Check do you have enough funds to bear additional expenses.
  • Check your DSR. It should be less than 50%.

Tips for first-time home buyers

  • Make sure you can afford atleast 10%-25% down payment.
  • Banks don’t provide loan for additional fees.
  • Save for processing fees.
  • Don’t get a house for more than what you afford
  • Check the interest rates properly.
  • Get pre approval before the property hunt.

Why you should calculate your home mortgage ?

In Bahrain, the maximum tenure provided for a home mortgage is 25 years. To make payments for so long planning in prior is necessary. This clearly explains why it is important to calculate the home mortgage before getting it.

  • Get approximate monthly costs.
  • Plan monthly expenses beforehand.
  • Know how much downpayment is required.
  • Understand how long it will take to repay the loan.
  • Compare different home loan products interest rates.

Minimum Salary

Interest Rate

Loan Amount

Reducing Rate

Select Bank

Min Salary

Interest/Profit Rate

Other Filters

CLEAR

Bahrain Islamic Bank Property finance

flat rate Flat Rate

5.5%

minimum salary Minimum Salary

BHD 600

reducing rate Reducing Rate

9.9%

maximum amount Max Loan Amount

BHD 750000

down payment Down Payment

10%

tenure

5.5%

Flat Rate

minimum salary

BHD 600

Minimum Salary

reducing rate

BHD 9.9

Reducing Rate

maximum loan amount

BHD 750000

Max Loan Amount

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View details on bank page

Ahli United Bank Mortgage Loan

flat rate Flat Rate

8%

minimum salary Minimum Salary

BHD 3000

reducing rate Reducing Rate

14.4%

down payment Down Payment

10%

early settlement fee Early Settlement Fee

0.75%

tenure

8%

Flat Rate

minimum salary

BHD 3000

Minimum Salary

reducing rate

BHD 14.4

Reducing Rate

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View details on bank page

HSBC Bahrain Basic Mortgage

flat rate Flat Rate

7.49%

minimum salary Minimum Salary

BHD 400

maximum amount Max Loan Amount

BHD 400000

down payment Down Payment

20%

tenure

7.49%

Flat Rate

minimum salary

BHD 400

Minimum Salary

maximum loan amount

BHD 400000

Max Loan Amount

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View details on bank page

Ithmaar Bank Mortgage Loan

flat rate Flat Rate

3.3%

minimum salary Minimum Salary

BHD 400

reducing rate Reducing Rate

5.94%

maximum amount Max Loan Amount

BHD 500000

down payment Down Payment

20%

tenure

3.3%

Flat Rate

minimum salary

BHD 400

Minimum Salary

reducing rate

BHD 5.94

Reducing Rate

maximum loan amount

BHD 500000

Max Loan Amount

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View details on bank page

National Bank of Bahrain Home Loan

flat rate Flat Rate

3%

minimum salary Minimum Salary

BHD 350

reducing rate Reducing Rate

5.3%

maximum amount Max Loan Amount

BHD 350000

early settlement fee Early Settlement Fee

0.75%

tenure

3%

Flat Rate

minimum salary

BHD 350

Minimum Salary

reducing rate

BHD 5.3

Reducing Rate

maximum loan amount

BHD 350000

Max Loan Amount

hide Hide Explore

View details on bank page

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