Property Price (SAR)

Down Payment (SAR)

Loan Term (Years)

Annual Interest/Profit Rate %

Down Payment Percentage

The monthly payment is calculated using the fixed installment method (declining balance / compound monthly interest). The default maximum deduction ratio for affordability is 65% of income (may vary depending on the lender, your age, and income type). Figures are for guidance only.

Payment Formula

Monthly Payment = Loan Amount × (r × (1+r)^n) ÷ ((1+r)^n − 1), where r = monthly interest rate, n = number of months. Loan Amount = Property Price − Down Payment.

Affordability / Purchasing Power

Maximum installment = (Income × Deduction Ratio) − Obligations. From this we calculate the maximum loan amount you can afford, then the maximum property price by adding your down payment.

Disclaimer

This tool is for guidance only. The actual installment depends on the lender's offer, insurance and valuation fees, and the type of financing (fixed/variable). Always obtain an official quote before making a decision.