How to use it
Enter the yearly rent and the start date, choose how many payments a year, and whether the property is residential or commercial.
Example
A yearly rent of SAR 36,000:
| Payments | Each payment |
|---|---|
| 1 (yearly) | 36,000 |
| 2 (every 6 months) | 18,000 |
| 4 (every 3 months) | 9,000 |
| 12 (monthly) | 3,000 |
For a commercial lease, add 15% VAT: 36,000 becomes 41,400 a year.
Plan your saving for each payment with the savings goal planner and the budget planner.