Buyout Home Finance

It allows customers supported and not supported by the Real Estate Development Fund to transfer their debts from other banks to Al Rajhi Bank while continuing support for the supported customers.

Key features of Buyout Home Finance

Mortgage Loan Buyout is offered to REDF and Non-REDF customers to settle their current mortgage loan with other banks and obtain new mortgage financing with ARB, the product is available for REDF customers and alrajhi bank customers.

Option to defer

Option to defer first two instalments

Shariah financing

Shariah compliant financing

For all customers

Available for salary and Non-salary transferred customers

Profit margin

Competitive and fixed profit margin throughout the financing period

Quick approvals

Quick and instant approvals

Up to 70

Financing up to the age of 70

5.000.000 SAR

Financing amount up to SAR 5 Million

Flexible

Flexible installment feature

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Terms and Required documents

A statement of salary transfer from employer ( in case financed with salary transfer)
Copy of the title deed
Monthly expense declaration form
Valid ID
Salary certificate from employer
Sketch of property location
Saudi nationality only
Minimum age of 18
Minimum service 3 months
No Objection Certificate from another bank/financial institution
Salary starts from 7,000 for salary transfer and 10,000 for non-salary transfer
Filling "financing" form

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How much money can you borrow?

The first step for you is to explore the amount you can borrow. Typically, you can borrow up to 53 times your salary to buy a land. The tables will give you closer idea.

Single applicant

Joint applicants

Home Finance Calculator

Please note that this calculator only helps you calculate the approximate financing amount and does not represent the exact amount of financing and payments. For actual approval details, please contact us at 8001241222

Select Account Type

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Select Your Nationality

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Enter Your Monthly Salary (SAR)

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Current Monthly Installments Paid (SAR)

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Property Value

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Balloon Payment

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Select Finance Tenure

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Your Monthly Payment SAR

Your Finance Amount SAR

Total Amount Payable SAR

APR

Apply Now

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How to apply

Discover the Al-Rajhi banking app

Apply Now

Apply via Al Rajhi Bank Online

Call Now

We're here to help—just give us a call

800 124 1222

Via Branches

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Frequently Asked Questions:

Frequently asked questions with concise answers for applications designed for full online workplaces for your tech startups

Buyout Home Finance

It allows customers supported and not supported by the Real Estate Development Fund to transfer their debts from other banks to Al Rajhi Bank while continuing support for the supported customers.

Key features of Buyout Home Finance

Option to defer

Shariah financing

For all customers

Profit margin

Quick approvals

Up to 70

5.000.000 SAR

Flexible

Loading component...

Terms and Required documents

A statement of salary transfer from employer ( in case financed with salary transfer)

Copy of the title deed

Monthly expense declaration form

Valid ID

Salary certificate from employer

Sketch of property location

Saudi nationality only

Minimum age of 18

Minimum service 3 months

No Objection Certificate from another bank/financial institution

Salary starts from 7,000 for salary transfer and 10,000 for non-salary transfer

Filling "financing" form

Loading component...

How much money can you borrow?

Single applicant

Joint applicants

Home Finance Calculator

Loading component...

How to apply

Discover the Al-Rajhi banking app

Apply Now

Call Now

Via Branches

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Don’t have an alrajhi bank account?

Frequently Asked Questions:

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Personal

Business

About alrajhi bank

Help & Support

Key features of Buyout Home Finance

Option to defer

Shariah financing

For all customers

Profit margin

Quick approvals

Up to 70

5.000.000 SAR

Flexible

A statement of salary transfer from employer ( in case financed with salary transfer)

Copy of the title deed

Monthly expense declaration form

Valid ID

Salary certificate from employer

Sketch of property location

Saudi nationality only

Minimum age of 18

Minimum service 3 months

No Objection Certificate from another bank/financial institution

Salary starts from 7,000 for salary transfer and 10,000 for non-salary transfer

Filling "financing" form

Home Finance Calculator

Apply Now

Call Now

Via Branches

Frequently Asked Questions:

Personal

Personal

Business

Business

About alrajhi bank

About alrajhi bank

Help & Support

Help & Support