At Amlak International, we believe in shining a light on your financial journey. We offer a diverse spectrum of financing options, each crafted to empower your financial goals.
Our promise to keep your interests safe is not just a commitment but a legal obligation. This includes the disclosure of the Annual Percentage Rate (APR) for each of our products. We ensure no room for confusion by aligning our APR with regulatory standards, fostering financial transparency across our spectrum of solutions.
Below is an illustrative table providing an example of a personal finance product. This example includes the finance amount, finance period, APR, and the monthly installment.
| Finance Amount (SAR) | APR* | Finance Period | Monthly Installment | Early Payment Charges |
|---|---|---|---|---|
| 100,000 | 23.07% | 5 Years | 2,666.67 | Up to: profit of future 3 installments |
| 100,000 | 24.60% | 3 Years | 3,777.78 | Up to: profit of future 3 installments |
| 100,000 | 25.06% | 2 Years | 5,166.67 | Up to: profit of future 3 installments |
Below is an illustrative table providing an example of a home finance product.
| Property Value | Loan to Value | Loan Amount | APR | Maturity in years | Monthly Repayment | Early Payment Charges |
|---|---|---|---|---|---|---|
| 605,910 | 90% | 545,319.00 | 11.85% | 15 | 6,210.58 | Up to: profit of future 3 installments |
| 605,910 | 90% | 545,319.00 | 11.84% | 10 | 7,520.86 | Up to: profit of future 3 installments |
| 605,910 | 90% | 545,319.00 | 11.80% | 5 | 11,856.41 | Up to: profit of future 3 installments |
* The presented rates/prices in the illustrative table may vary based on different factors such as the individual credit score of each customer.
* The presented APR in the illustrative table may vary based on the finance amount and finance period. It is also subject to the individual credit score of each customer.