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Accord EXL 2024 Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

select car *

car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 10,300

Down Payment

SAR 30,567

Total Cost

SAR 154,167

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 10,300SAR 113,300
2SAR 10,300SAR 103,000
3SAR 10,300SAR 92,700
4SAR 10,300SAR 82,400
5SAR 10,300SAR 72,100
6SAR 10,300SAR 61,800
7SAR 10,300SAR 51,500
8SAR 10,300SAR 41,200
9SAR 10,300SAR 30,900
10SAR 10,300SAR 20,600
11SAR 10,300SAR 10,300
12SAR 10,300SAR 0

Monthly Payment Composition

Interest: 111
Principal: 10189

Accord EXL 2024 Car Loan Calculator FAQs in KSA

The loan process typically involves applying through a bank or financial institution, providing necessary documents such as proof of income, identification, and vehicle details, followed by approval and signing the loan agreement.

Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments may harm it.

Important factors include your credit score, the interest rate offered, the loan term, monthly payments, and any fees associated with the loan.

Interest rates for car loans in KSA usually range from 4% to 7%, depending on the bank and your credit profile.

Factors include economic conditions, interest rates set by central banks, inflation rates, and geopolitical stability.