Saudi National Bank (SNB) Home Finance Calculator
Estimate the monthly payment on SNB's Residential Finance — Murabaha or fixed-rate Ijarah, up to SAR 7 million, with up to 90% loan-to-value on a first home. Free, no signup.
fin·calc is an independent, unaffiliated calculator — not endorsed by, sponsored by, or affiliated with the Saudi National Bank (SNB). "SNB" is used only to describe published rates and terms; confirm actual terms directly with the bank.
SNB Residential Finance: structure, LTV and rates
SNB (formerly the National Commercial Bank / Samba, and Al Ahli Bank as its retail brand) offers Residential Finance on a Murabaha basis or as Ijarah with a fixed profit rate, according to alahli.com (accessed 24 September 2026). The bank finances up to SAR 7 million, over a maximum term of up to 30 years, and will lend up to 90% of the property's value on a customer's first residential finance, dropping to 70% on any subsequent one — so the required down payment is otherwise stated as 10%–30% "depending on the customer's sector, credit status and type of property." SNB publishes an Annual Percentage Rate starting from 6.86%, illustrated on its own example of SAR 590,000 financed over 5 years, including the admin fee; off-plan financing is quoted from 4.93% APR and non-Saudi customer financing from 6.11% APR (max SAR 3 million, 30% down payment). No effective date is stated for these figures, so treat them as reference points, not a locked-in quote.
Eligibility, fees and the "2 in 1" option
To qualify, SNB requires the applicant to be a Saudi national aged 20–64, continuously employed for at least 1 month, earning a minimum monthly income of SAR 5,000, and to transfer their salary to SNB. The financed property must not exceed 45 years of age by the end of the financing term. SNB caps its admin fee at 1% of the financing amount or SAR 5,000, whichever is less. Alongside the standard product, SNB offers a "2 in 1" structure that runs a personal finance facility and residential finance together: while the personal portion is active (up to 5 years), the two instalments run in parallel, and once the personal finance is repaid the residential instalment is allowed to rise to up to 55% of monthly income for the rest of the up-to-30-year residential term — a way to access more liquidity upfront without giving up a larger home-finance ceiling. SNB's product range also includes refinancing (up to SAR 1 million), equity release against an owned property (up to SAR 2 million, up to 80% of value), and government-supported ("Ministry housing") options for ready units.
Worked example (SNB's own figures)
SNB's Residential Finance page illustrates its APR using its own example rather than a full instalment schedule: an Annual Percentage Rate starting from 6.86% is "calculated on the amount of funding SAR 590,000 for a period of 5 years," inclusive of the admin/assessment fee of 1% of the financing amount or SAR 5,000, whichever is lower (alahli.com, accessed 24 September 2026). SNB does not publish the resulting monthly instalment or total cost for that example, so it cannot be reproduced exactly here — use the calculator above with SAR 590,000, a 5-year term and your own quoted profit rate to see an equivalent illustrative monthly payment, or ask SNB for a personalised repayment schedule at your approved rate.
Frequently Asked Questions
What is SNB's home finance product and how is it structured under Sharia?
SNB calls its product Residential Finance, offered on a Murabaha basis or as Ijarah with a fixed profit rate, plus a "2 in 1" option that combines residential finance with a personal finance facility (source: alahli.com, accessed 24 September 2026).
What APR does SNB publish, and what does its own example show?
SNB states an Annual Percentage Rate starting from 6.86%, using its own published example of SAR 590,000 financed over 5 years including the admin fee (1% of the amount or SAR 5,000, whichever is lower). Non-Saudi customers are quoted an APR from 6.11%, and off-plan finance from 4.93% (alahli.com, accessed 24 September 2026).
Do I need to transfer my salary to SNB, and what salary/age do I need?
Yes. SNB requires salary transfer to the bank, a minimum monthly income of SAR 5,000, at least 1 month of continuous employment, Saudi nationality, and an age between 20 and 64 years at application.
How much can SNB lend, and what is the maximum LTV?
SNB finances up to SAR 7 million over up to 30 years. It will finance up to 90% of the property's value on a customer's first residential finance, dropping to 70% on any subsequent one; the required down payment is otherwise 10%–30% depending on sector, credit profile and property type. The financed property must not exceed 45 years of age by the end of the finance term.
Sources
- Saudi National Bank — Residential Finance Overview (accessed 24 September 2026)
- Saudi National Bank — Residential Finance Requirements (accessed 24 September 2026)
- Saudi National Bank — Residential Finance Products (2 in 1, refinance, equity release) (accessed 24 September 2026)