CarteaCar Loan Calculator

Changan Eado 2018 1.6L 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 3,993

Down Payment

SAR 11,850

Total Cost

SAR 59,766

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 3,993SAR 43,923
2SAR 3,993SAR 39,930
3SAR 3,993SAR 35,937
4SAR 3,993SAR 31,944
5SAR 3,993SAR 27,951
6SAR 3,993SAR 23,958
7SAR 3,993SAR 19,965
8SAR 3,993SAR 15,972
9SAR 3,993SAR 11,979
10SAR 3,993SAR 7,986
11SAR 3,993SAR 3,993
12SAR 3,993SAR 0

Monthly Payment Composition

Interest: 43
Principal: 3950

Changan Eado 2018 1.6L Elite Car Loan Calculator FAQs in KSA

  • In KSA, you can choose from various financing options including bank loans, dealership financing, and personal loans. Each option has its own terms and interest rates.
  • Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score.
  • Before applying, consider your budget, interest rates, loan terms, and whether you can afford the monthly payments without straining your finances.
  • Factors that can affect your interest rate include your credit score, the loan amount, the loan term, and current market conditions.
  • Yes, you can refinance your car loan in KSA to potentially get a lower interest rate or better loan terms, but it’s important to compare options before proceeding.