Personal Finance :

Example 1 : Annual percentage rate )APR( financing Amount less than 20,000 SR :

Admin Fees 1%	Monthly Payment Amount	*APR	Maturity in Years	Finance Amount
50	500	44.24%	1	5000
100	583	42.30%	2	10000
200	667	37.36	5	20000

Example 2 : Annual percentage rate (APR) financing amount More than 20,000 and up to 250,000 SR

Admin Fees 1%	Monthly Payment Amount	*APR	Maturity in Years	Finance Amount
1000	2,667.00	22.92	5	100000
500	1,333.00	22.91	5	50000
300	1,133.00	24.32	3	30000

LEASE FINANCE

Last Payment	Monthly Payment Amount	*APR	Maturity in Years	Finance Amount
27680	1303	12.44%	5	75050
30824	2038	12.82%	3	83600
19250	891	14.77%	2	33550

Terms and conditions apply.
Annual percentage rate (APR) is the ratio that shows the cost of financing to the financial institution as an annual percentage of financing. Usually, this percentage is higher than the nominal commission, or what is known as the annual profit margin, because calculating its value includes the value of administrative fees, expenses, and insurance throughout the financing period. For this reason, it gives a clearer picture of the actual percentage of financing from the nominal commission, which includes profit margin only.
The above tables are only illustrative examples of how to calculate the annual percentage rate, which depends on four main factors, namely (profit margin, amount of financing, financing period) and subject to the credit record of each customer.
The amount of financing may be affected based on several factors, for example: credit obligations, personal expenses, retirement age, consumer segment.