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Alfa Romeo Stelvio 2024 Veloce Car Loan Calculator in KSA

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

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car price (SAR)*

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

Monthly Payment

SAR 19,214

Down Payment

SAR 57,020

Total Cost

SAR 287,588

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 19,214SAR 211,354
2SAR 19,214SAR 192,140
3SAR 19,214SAR 172,926
4SAR 19,214SAR 153,712
5SAR 19,214SAR 134,498
6SAR 19,214SAR 115,284
7SAR 19,214SAR 96,070
8SAR 19,214SAR 76,856
9SAR 19,214SAR 57,642
10SAR 19,214SAR 38,428
11SAR 19,214SAR 19,214
12SAR 19,214SAR 0

Monthly Payment Composition

Interest: 208
Principal: 19006

Alfa Romeo Stelvio 2024 Veloce Car Loan Calculator FAQs in KSA

The car loan process typically involves applying for the loan through a bank or financial institution, providing necessary documents, and undergoing a credit assessment. Once approved, you can finalize the purchase of the Alfa Romeo Stelvio 2024 Veloce.

Yes, taking out a loan can impact your credit score, especially if you miss payments or default. However, making timely payments can improve your credit score over time.

Typically, you will need to provide your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.

Factors include your credit score, the loan amount, the loan term, and the current economic conditions in KSA.

Yes, there may be processing fees, insurance costs, and early repayment penalties depending on the bank's policies.