How to use it
Enter the property price, your down payment, the term in years and the yearly rate (APR). Add your salary to see the installment as a share of it.
Example
A 1,000,000 SAR home with 10% down, over 25 years at 5%:
| Amount (SAR) | |
|---|---|
| Amount financed | 900,000 |
| Monthly installment | 5,261.31 |
| Total profit | 678,393 |
| Total repaid | 1,578,393 |
In the early years most of each payment is profit; the balance falls faster later. Read how home finance works in Saudi Arabia, and compare rates in flat rate vs APR.