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Alfa Romeo Giulia 2024 Veloce 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 16,707

Down Payment

SAR 49,580

Total Cost

SAR 250,064

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 16,707SAR 183,777
2SAR 16,707SAR 167,070
3SAR 16,707SAR 150,363
4SAR 16,707SAR 133,656
5SAR 16,707SAR 116,949
6SAR 16,707SAR 100,242
7SAR 16,707SAR 83,535
8SAR 16,707SAR 66,828
9SAR 16,707SAR 50,121
10SAR 16,707SAR 33,414
11SAR 16,707SAR 16,707
12SAR 16,707SAR 0

Monthly Payment Composition

Interest: 181
Principal: 16526

Alfa Romeo Giulia 2024 Veloce Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for a loan at a bank or financial institution, submitting required documentation, receiving approval, and then completing the purchase.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.

Consider the loan interest rate, loan term, monthly payment amount, any additional fees, and your overall budget before applying.

The average interest rate for car loans in KSA can vary, typically ranging from 3% to 7%, depending on the bank and your credit profile.

You typically need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.