Mortgage Calculator
SAR 100,000SAR 10,000,000
10%70%
3.50%10.00%
130
SAR 3,000SAR 200,000
SAR 0SAR 130,000
SAR 0SAR 200,000
2065
Finance Summary
AffordableMonthly InstallmentSAR 5,521
Down Payment AmountSAR 100,000
Financed AmountSAR 900,000
Total RepaymentSAR 1,656,424
Total Finance CostSAR 756,424
Debt Burden Ratio36.8%
Total Finance Cost
Financed Amount
Bank Comparison
| Bank | Rate | Installment | Total Cost | DBR |
|---|---|---|---|---|
| Al Rajhi | 5.49% | SAR 5,521 | SAR 1,656,424 | 37% |
| Riyad Bank | 5.49% | SAR 5,521 | SAR 1,656,424 | 37% |
| SNB | 5.74% | SAR 5,657 | SAR 1,696,956 | 38% |
| Alinma | 5.79% | SAR 5,684 | SAR 1,705,120 | 38% |
| SABB | 5.99% | SAR 5,793 | SAR 1,737,964 | 39% |
| Bank Albilad | 6.25% | SAR 5,937 | SAR 1,781,107 | 40% |
Rates are approximate and may differ from current bank offers.
Total Cost of Ownership
Down Payment AmountSAR 100,000
Valuation FeeSAR 3,000
Transfer Fee (5%)Exempt
Broker Commission (2.5%)SAR 25,000
Home InsuranceSAR 50,000
VAT (15%)SAR 11,700
Total Cash NeededSAR 139,700
Total Cost Over Loan LifeSAR 1,846,124
Early Settlement
124
Remaining BalanceSAR 614,746
Settlement PenaltySAR 6,147
Total SavedSAR 240,383
Months Saved156