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ALTIMA SR 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 7,986

Down Payment

SAR 23,700

Total Cost

SAR 119,532

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 7,986SAR 87,846
2SAR 7,986SAR 79,860
3SAR 7,986SAR 71,874
4SAR 7,986SAR 63,888
5SAR 7,986SAR 55,902
6SAR 7,986SAR 47,916
7SAR 7,986SAR 39,930
8SAR 7,986SAR 31,944
9SAR 7,986SAR 23,958
10SAR 7,986SAR 15,972
11SAR 7,986SAR 7,986
12SAR 7,986SAR 0

Monthly Payment Composition

Interest: 86
Principal: 7900

ALTIMA SR Car Loan Calculator FAQs in KSA

The car loan process typically involves choosing a bank, submitting your application, providing necessary documentation, and waiting for approval before signing the contract.

Yes, taking a car loan can affect your credit score positively or negatively depending on your repayment history and overall credit behavior.

Factors such as your credit score, loan amount, loan term, and the bank's policies can influence the interest rate on your car loan.

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

Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a car loan.