CarteaCar Loan Calculator

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

  • You can choose between various financing options such as bank loans, dealership financing, or personal loans tailored for car purchases.
  • To apply for a car loan, you need to provide necessary documents like proof of income, identification, and a completed loan application form to your preferred bank or financial institution.
  • Yes, taking a car loan will impact your credit score, especially if you make timely payments. It can improve your score if managed well, but late payments can negatively affect it.
  • Pay attention to the interest rate, loan terms, hidden fees, and your repayment capacity to ensure that you can afford the monthly payments.
  • Factors include your credit score, the loan amount, the length of the loan term, and the bank's current lending policies.