تمويل شخصي: القسط والاستقطاع

How much will financing actually cost you? Enter the amount, term, and interest rate, and the app will show you the monthly payment, total repayment, financing cost, and the percentage deducted from your salary. A personal, real estate, and car finance calculator designed for Saudi Arabia, it works on your phone offline and without registration.

What the app does:

• Monthly payment for any amount, from a few thousand to millions of riyals, for any term from one month to thirty years.

• Total repayment broken down into the principal and financing cost.

• Monthly installment schedule, showing the remaining principal after each payment.

• Deduction rate: Enter your salary and see how much the payment takes up, and whether it remains within the limits set by banks and finance companies.

• Early repayment indicator: Add a small increase each month and see how sooner the financing ends and how much you save.

• Interest rate indicator, to ensure the calculation matches the offer you actually received.

Fixed or decreasing interest rate?

In Saudi Arabia, both rates are displayed, but they are not the same thing. A fixed percentage is calculated on the entire amount for the entire term, even after you've paid most of it, so it seems small. An annual percentage rate (APR), on the remaining balance, is the figure that finance companies are required to display in the contract, as mandated by regulatory bodies. The app calculates both methods and displays the difference in riyals. It also includes a tool that converts any fixed percentage to its actual equivalent on the declining balance, allowing you to compare two offers written in different formats.

Designed for Saudi Arabia

Choose your needs, and you'll find the usual amounts, terms, and percentages ready: personal loans for marriage, medical treatment, or home renovations; car loans; 20-year mortgages; business loans for your shop or establishment; short-term loans for a few months; and credit card installments. All figures are in Saudi Riyals.

Calculated Example

Personal loan of SAR 50,000 over 48 months at an annual percentage rate (APR) of 8%:

• Monthly installment: Approximately SAR 1,221

• Total repayment: Approximately SAR 58,590

• Financing cost: Approximately SAR 8,590

A fixed rate of 8% on the same loan would result in an installment of approximately SAR 1,375 and a cost of SAR 16,000, equivalent to approximately 14% on the declining balance. A mortgage of SAR 800,000 over 20 years at a rate of 5.5% would have an installment of approximately SAR 5,500 and a cost of approximately SAR 520,000. Change any number and the result will change immediately.

Savings, Not Just Debt

The savings plan does the math from the other side: set a goal—an emergency fund, a down payment for a home, marriage, Umrah, a car, or business capital—and write down what you can save monthly. See when you'll reach your goal and what it takes to reach it sooner.

Tools

• Compare two offers side-by-side and see which is more economical over the entire term.

• Deduction: From your salary and current installments, the amount that fits your salary within the deduction percentage.

• How much does the percentage actually cost you? The same financing at different percentages, in riyals.

• Fixed to Declining: The actual percentage behind any fixed-rate offer.

Privacy

Nothing you enter leaves your phone. The amount, term, and salary are used for on-screen calculations and are not sent anywhere. The app requests no permissions other than an internet connection and does not read your contacts, messages, photos, or files.

Disclaimer

Calculate it as an independent calculator; it is not a bank, a finance company, or a broker. This app does not provide financing, accept or process applications, display financing offers, check your credit history, or is affiliated with any bank, finance company, or government entity.

Banks and finance companies in the Kingdom are regulated by the Saudi Central Bank (SAMA), which publishes a list of licensed entities on its official website: https://www.sama.gov.sa. The developer of this app is not a government entity, is not affiliated with the Saudi Central Bank, and does not represent any bank or finance company.

The figures are estimates based on your input. Each financing entity has its own rates, administrative fees, and eligibility requirements. Please verify the final figures in the financing offer before signing.

The app is free and ad-free.