Financing Calculator
Calculate the monthly installment, total cost and APR, and estimate your maximum financing based on your salary
- Total profit
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- Admin fee
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- Total amount payable
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- Annual Percentage Rate (APR)
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- Max available installment
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- Applied deduction ratio
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Your current obligations exceed the permitted deduction ratio — a debt buy-out may suit you.
Results are estimates for illustration only and are not a binding offer. The final offer depends on the lender's assessment and your credit record.
Profit is calculated with the flat-rate method common in Islamic finance; the APR shows the true cost including fees.
Financing rules in Saudi Arabia
Key points from the Saudi Central Bank (SAMA) Responsible Lending Principles and Consumer Finance regulations — know your rights before you sign
Deduction ratio
Consumer finance installments may not exceed 33.33% of an employee's net salary, or 25% of a retiree's pension.
Personal finance term
The maximum repayment period for consumer (personal) finance is 60 months.
Admin fees
Administrative fees may not exceed 1% of the financed amount or SAR 5,000, whichever is lower.
APR disclosure
Lenders must disclose the Annual Percentage Rate (APR) and total cost of financing in writing before signing.
Right to withdraw
You may withdraw from a consumer finance contract within 10 business days of signing, subject to regulatory conditions.
Early settlement
You may settle early; the amount due to the lender may not exceed the profit of the following three months.
For guidance only and subject to change; the Saudi Central Bank regulations and each lender's terms prevail.
Ready to see how much you can get?
Apply now for free and let an advisor find the best available financing offer for you.