Financing
instalments
Compare financing offers as they really are: the monthly instalment, what you pay in total, and the real rate behind each offer.
The difference between the two rates
- Flat
Flat rate
Charged on the full original amount for the whole term, even after you've repaid part of it. That's why it looks low but costs more.
- Reducing
Reducing rate
Charged only on the outstanding balance, so the profit falls every month. This is the method that reflects the true cost.
More Arroba tools
- End-of-Service BenefitThe benefit by reason for termination, with every figure explained and the article it comes from.
- Overtime & LeaveOvertime pay, and your annual leave balance and its value.
- Employee LettersSalary certificate, service certificate and final settlement — ready to print.
- Working DaysWorking days between two dates, excluding weekends and public holidays.
- Amount in WordsAny amount written out in words, in riyals and halalas — for cheques, invoices and contracts.
- VAT CalculatorAdd VAT to an amount or extract it from a VAT-inclusive total, with the total in words.
- Profit MarginSelling price from cost, and the difference between margin and markup.
- DepreciationAn asset's depreciation schedule, straight-line or declining balance, year by year.
- VAT Number CheckCheck a VAT number's format before you use it on an invoice.
- Compliance CalendarYour statutory deadlines for a full year, added to your phone's calendar with reminders.
- Hijri ⇄ GregorianConvert using the Umm al-Qura calendar, find the time between two dates, or the date after a period.