Skip to main content
Aqarak
العربية

Mortgage Calculator — Saudi Arabia

Property Type
SAR 100,000SAR 10,000,000
10.0%70.0%
or enter amount (SAR)
Profit Rate Type
2.5%10.0%
130
SAR 3,000SAR 200,000
SAR 0SAR 130,000
SAR 0SAR 200,000
2064

Finance Summary

Stretch
Monthly InstallmentSAR 7,118
Remaining SalarySAR 7,883
Down Payment AmountSAR 100,000
Financed AmountSAR 900,000
Total RepaymentSAR 2,135,250
Total Finance CostSAR 1,235,250
Debt Burden Ratio47.5%

Total Cost of Ownership

Down Payment AmountSAR 100,000
Valuation FeeSAR 3,000
RETT (5%)Exempt
Broker Commission (2.5%)SAR 25,000
Home InsuranceSAR 50,000
VAT (15%)SAR 11,700
Total Cash NeededSAR 132,200
Total Cost Over Loan LifeSAR 2,324,950

Early Settlement

124
Remaining BalanceSAR 468,000
Settlement PenaltySAR 4,680
Total SavedSAR 637,650
Months Saved156

Total Finance Cost

Mortgage Calculator FAQ

How is the monthly mortgage payment calculated in Saudi Arabia?

The monthly installment uses the standard reducing-balance (APR) formula Saudi banks apply: the financed amount, annual profit rate, and term determine a fixed payment. The calculator also supports flat-rate (add-on) products where profit is charged on the full principal for the whole term.

What is the maximum home financing percentage?

Per SAMA rules, banks finance up to 90% of the property value for a first home (10% minimum down payment) and up to 70% for a second home.

What is the maximum monthly deduction (debt burden ratio)?

Total monthly obligations including the mortgage cannot exceed 65% of income under SAMA's responsible-lending rules, and personal loans are capped at one-third (33.33%) of salary. The calculator enforces both limits automatically.

Does the calculator include the REDF (Sakani) subsidy?

Yes — eligible first-home buyers with a salary of SAR 14,000 or less receive the REDF profit subsidy on the first SAR 500,000 of financing, and the calculator shows the installment after the subsidy.

Is a mortgage calculator the same as a home loan calculator?

Yes — mortgage, home loan, and Saudi real-estate financing all describe the same product: property financing secured by the home. This calculator covers them all, in both reducing-balance and flat-rate forms.

Is this calculator free, and do I need an account?

Completely free with no account required — everything is computed in your browser. You only sign in if you want to save calculations to your dashboard.

Learn about home financing