2023-11-23 12:55:02
How is subsidized real estate financing calculated? And the real estate financing calculator supported by 1445 Real Estate Development Fund? This is what we will learn regarding in detail in the following lines, as many individuals wish to obtain real estate financing supported through the Real Estate Development Fund in the Kingdom of Saudi Arabia.
How is subsidized real estate financing calculated? Subsidized real estate financing calculator 1445 Real Estate Development Fund
In case you are wondering how subsidized real estate financing is calculated, through the following we learn the steps for using the subsidized real estate financing calculator 1445 Real Estate Development Fund in the Kingdom of Saudi Arabia in a detailed electronic form:
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Then click on the “Finance Calculator” tab. Then choose the type of real estate financing from the available types. Then determine whether you are eligible for housing support or not. Then click on the “Next” tab. Choose the work sector and work destination. Then enter your date of birth. Write the value of the basic monthly salary, in addition to the net monthly salary. Then click on the “Next” icon. Then choose your bank. Then determine whether you have any other loans. Then write all the details required of you. Then click on the “Calculate Funding” button. The loan value will then be displayed, along with the value of the down payment amount, in addition to the value of the monthly installment according to its affiliated bank. Click on the “Browse your financing offers” icon, in order to view all the offers available to all banks in the Kingdom of Saudi Arabia. Then enter your full name and mobile phone number as well. Then click on the “Show me all offers” button. All financing offers that can suit you will then be displayed.
What are the conditions for subsidized real estate financing in Saudi Arabia?
In the context of learning how subsidized real estate financing is calculated and the subsidized real estate financing calculator 1445 Real Estate Development Fund in the Kingdom of Saudi Arabia, we learn through the following all the terms of subsidized real estate financing in detail:
The applicant must be of Saudi nationality. The applicant must have a family consisting of a husband, wife and children. The minimum age of the applicant must be 25 years. The applicant or any member of his family must not have a residence or property during the five years preceding the application date. The applicant must be an employee in one of the public, private, or military sectors in the Kingdom of Saudi Arabia. The applicant must meet all conditions related to the funding agency and the program in which he wishes to enroll.
It is worth noting that it is possible to calculate the value of real estate financing supported by all banks in the Kingdom of Saudi Arabia in a simple electronic form through the Aoun electronic platform available on the Internet.
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