The first step for you is to explore the amount you can borrow. Typically, you can borrow up to 53 times your salary to buy a land. The tables will give you closer idea. You can also use out online calculator, click here to calculate your finance.
Single Applicant
| Your Monthly Salary |
You Can Borrow20 Years |
You Pay Monthly |
| SR 5,000 |
SR 290,000 |
SR 2,250 |
| SR 7,500 |
SR 440,000 |
SR 3,400 |
| SR 10,000 |
SR 580,000 |
SR 4,500 |
| SR 12,500 |
SR 725,000 |
SR 5,600 |
| SR 15,000 |
SR 875,000 |
SR 6,750 |
- The finance rate is 4.25% for 20 years. The rate is fixed. The figures are approximate
Joint Applicants
| Your Monthly Salary |
Salary of Joint–Applicant |
You Can Borrow20 Years |
You Pay Monthly * |
| SR 5,000 |
SR 3,000 |
SR 470,000 |
SR 3,600 |
| SR 7,500 |
SR 5,000 |
SR 725,000 |
SR 5,600 |
| SR 10,000 |
SR 8,000 |
SR 1,035,000 |
SR 8,000 |
| SR 12,500 |
SR 10,000 |
SR 1,300,000 |
SR 10,000 |
| SR 15,000 |
SR 12,000 |
SR 1,555,000 |
SR 12,000 |
- The monthly installment is deducted only from the main applicant salary
- The finance rate is 4.25% for 20 years. The rate is fixed. The figures are approximate