Why Buying is Right For You

  • Why Buy?

    First and mostly, peace of mind, independence, and security. Financially, buying a home is saving all the rent, as well as owning an asset that most likely appreciates though time. Also, buying a home forms a financial warranty. This warranty helps when you need to borrow in the future.

    Al Rajhi Bank , buying vs rental graph

    For 20 years, the yearly rent gradually increases while the yearly installments remain the same.

    Yearly rental is considered as 8% of home value. Home Finance Rate: 5.25% for a period of 20 years. Average yearly increase in rent is considered as 2.83%.
    The figures used are approximate.

  • Are You Worried About Committing For Long?
  • See Why Buying is Cheaper Than Renting