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BYD Seal 2024 Honor Elite 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 11,113

Down Payment

SAR 32,980

Total Cost

SAR 166,336

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 11,113SAR 122,243
2SAR 11,113SAR 111,130
3SAR 11,113SAR 100,017
4SAR 11,113SAR 88,904
5SAR 11,113SAR 77,791
6SAR 11,113SAR 66,678
7SAR 11,113SAR 55,565
8SAR 11,113SAR 44,452
9SAR 11,113SAR 33,339
10SAR 11,113SAR 22,226
11SAR 11,113SAR 11,113
12SAR 11,113SAR 0

Monthly Payment Composition

Interest: 120
Principal: 10993

BYD Seal 2024 Honor Elite Car Loan Calculator FAQs in KSA

To obtain a car loan for the BYD Seal 2024 Honor Elite, you typically need to provide proof of income, a valid ID, and a good credit score.

Taking a car loan can affect your credit score positively if you make timely payments, but missed payments can negatively impact your score.

Factors that influence the interest rate of a car loan include your credit score, the loan term, and the lender's policies.

Before applying for a car loan, consider the total cost of the loan, your monthly budget, and whether you can afford the down payment.

The typical loan term for a car loan in Saudi Arabia ranges from 3 to 5 years, depending on the lender and the loan amount.