Refinance Your Home with Shariah-Compliant Financing
Discover how much you can save with Meraj Islamic Finance's ethical refinancing solutions
Simplified Shariah-Compliant Home Refinancing
At Meraj Islamic Finance, we provide a refinance calculator designed to help you estimate your potential savings and reduce your monthly payments without any interest. Our Shariah-compliant solutions ensure you adhere to Islamic principles while achieving your financial goals.
How it works
Using Our Islamic Refinance Calculator
Step-1
Enter Current Loan Balance
Input the remaining balance of your current home loan.
Step-2
Enter New Loan Term:
Indicate the term of your new loan in years.
Step-3
Enter Monthly Rental Rate
Provide the expected monthly rental rate percentage.
Step-4
Calculate
Click the button to see your estimated monthly savings and total refinance cost.
Benefits
Why Refinance with Meraj Islamic Finance?"
Shariah-Compliant
100% interest-free refinancing that aligns with Islamic principles.
Transparent Terms
No hidden fees or charges; everything is clear and straightforward.
Immediate Savings
Lower your monthly payments and save money right away.
Flexible Options
Tailored solutions for various financial situations.
Got Questions About Refinancing Calculator?
What is Shariah-compliant refinancing?
Shariah-compliant refinancing adheres to Islamic principles, prohibiting interest and ensuring ethical transactions.
How does the Meraj Islamic Finance refinance calculator work?
It estimates your monthly savings and total cost based on your current loan balance, new loan amount, loan term, and rental rate.
Can I use the calculator if I have non-traditional income?
Yes, our refinancing solutions accommodate various financial backgrounds, including cash income and self-employment.
Is the calculation provided by the tool accurate?
o The calculator provides estimates. For precise details, consult with our financial advisors.
How do I get started with Meraj Islamic Finance?
Contact us through our website or call our customer support team for an initial consultation.
What documents are required for applying?
You will need proof of identity, proof of income, and additional documentation based on your financial situation.
What happens if I face financial difficulties?
Contact us immediately to discuss payment options or restructuring your refinance plan.