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How much do they give the value of the loan on real estate?

How much do they give the value of the loan on real estate? And for how many months is it paid? The bank loan depends on the individual’s salary, and on many other factors such as the age of the borrower, the obligations imposed on him, and the loan term.




How much do they give the value of the loan on real estate?

Many factors depend on the amount of the mortgage loan that a person will get. Loans in Saudi Arabia are divided into two parts: loans supported by the Ministry of Housing, and loans obtained from the private sector, which are not supported by the Ministry of Housing.

The Ministry of Housing offers subsidized real estate loans for those whose monthly income is not less than 14,000 Saudi riyals, and the value of the loan I want to obtain varies according to what you want to buy, as each bank differs from the other, and in fact, there is no specific way to know the amount that you will get from the loan, But an approximate figure for knowing the loan amount can be obtained through two methods.

  • The real estate advisor application can be downloaded, which supports the possibility of knowing the approximate amount of the mortgage loan that the individual will receive, and not only this, but it is also possible to know the financing option that suits your monthly income, and the application can be accessed.
  • The amount of the mortgage loan can be found through the Saudi Home Finance Company, by entering your monthly salary, and the obligations if you have, and you will do the calculation, and the service can be accessed through the following link.

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Obligations to Obtain a Mortgage Loan

There are some obligations that a citizen must perform in order to obtain a mortgage, and we will show you the obligations in the next lines, within the framework of our article. My salary is 9000 how much do they give me a mortgage.

  • It the necessity of seeking a real estate advisor so that the citizen can know what suits him in choosing real estate.
  • It is necessary to know the obligations of each bank in terms of the conditions it presents in order to obtain the real estate loan, for example, one of the banks mortgages the disgrace until the full amount is paid. If the person is unable to pay the loan, the bank seizes his property.


Conditions for obtaining a loan from Al-Rajhi Bank for a salary

Al-Rajhi Bank has set some basic conditions that must be met by those who wish to take out a real estate loan from the bank, and we will show you the conditions below.

  • A financing form must be filled out to obtain the loan, by entering some personal data related to the individual's condition and answering some questions about the salary, and the type of property that the person will obtain.
  • Bring a personal photo of the person wishing to obtain the loan.
  • Obtaining an employment letter from the employer of the person who wishes to obtain a real estate loan.


how much they give me a personal loan

Personal loans for individuals differ from one bank to another. They also differ in their repayment date, and terms, and in order not to prolong you, we will show you the amounts of loans in detail if the individual’s salary is 8000, to complete our topic, my salary is 8000, how much do they give me a real estate loan.

  • If the individual’s salary is 9000 Saudi riyals, then Al-Rajhi Bank will grant you a loan of 157,549 riyals to be repaid over sixty months, and with a monthly installment of 2,999 Saudi riyals, and the total loan that will be repaid is 179,922.
  • Bank Albilad grants a loan of 161,418 Saudi riyals to those whose salary is 8000 riyals, and the loan is repaid within 60 months of receiving it, and the monthly installment costs about 2999 Saudi riyals, which makes the individual pay 2999.70 riyals.
  • Banque Saudi Fransi grants a loan of 161,984 Saudi riyals and the loan is repaid over a period of 60 months, and an installment at a rate of 2999.7 riyals per month, so the individual has to repay the amount of 179.982 riyals.


How is the value of the loan obtained by a citizen determined?

The loan that a person obtains, whether it is a real estate loan supported by the Ministry of Housing or a loan from the private sector, is determined by several factors, and these factors are basic in addition to the presence of some banks that set conditions and other factors, and we will show you the factors below.

  • The value of an individual's fixed monthly income.
  • The number of family members wishing to obtain a loan.
  • The type of loan that the citizen desires, whether it is a self-finance loan, a loan for the purpose of purchasing a housing unit, or otherwise.
  • The loan is also determined according to the type of job the citizen has.


My salary is 2000 km they give me a personal loan

Personal loans for individuals vary from one bank to another, according to the individual’s monthly salary, and the value is determined according to what the person will buy from the loan, and there are specific factors such as the citizen’s age, financing period, etc., and we will learn below about the value of the loan for someone whose salary is 2000 in the Kingdom Saudi Arabia.

  • If the individual’s salary is 3000 Saudi riyals, then Al-Rajhi Bank will grant you a loan of 46,221 riyals to be repaid over five years, and with a monthly installment of 990 Saudi riyals, to be repaid over 60 months, so the total loan that will be repaid is 59,394.
  • Bank Albilad grants a loan of 53,806 Saudi riyals to those whose salary is 3000 thousand riyals, and the loan is paid within 60 months of receiving it, and the monthly installment costs about 999 Saudi riyals, which makes the individual pay 59.994 riyals.


Enter your salary and find out how much you deserve for a personal loan

It is easy to know the amount of an individual’s entitlement to a personal loan, so we have collected for you some personal loans that are in line with the person’s salary, and we will learn about them in the coming lines, within the topic of our article, My salary is 9000, how much do they give me a real estate loan.

  • A person who receives a salary of SAR 5,000 per month can obtain a personal loan of SAR 94,350.
  • If the personal salary of a citizen is 7,000 Saudi riyals, he can obtain a personal loan of 132,000 Saudi riyals.
  • A person who receives a monthly salary of 8000 SAR can get a loan of 151,000 SAR.
  • If the monthly income of the individual is 10,000 Saudi riyals, he will get a personal loan of 188,800 Saudi riyals.
  • For a citizen whose monthly income is equal to 12,000 Saudi riyals, so the personal loan that he will get will be worth 226,600 Saudi riyals.
  • If the person wishes to obtain a personal loan whose salary is 14,000 Saudi riyals, he will receive a loan of 264,400 Saudi riyals.
  • If the individual's income is equal to 20,000 Saudi riyals, he will be able to obtain a personal loan of 377,700 Saudi riyals.
  • A person whose monthly income is above 15,000 Saudi riyals can obtain a personal loan with a personal value of 283,300 Saudi riyals.