Changan Eado 2020 1.6L GDI Smart Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 4,041
Down Payment
SAR 11,993
Total Cost
SAR 60,485
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | SAR 4,041 | SAR 44,451 |
2 | SAR 4,041 | SAR 40,410 |
3 | SAR 4,041 | SAR 36,369 |
4 | SAR 4,041 | SAR 32,328 |
5 | SAR 4,041 | SAR 28,287 |
6 | SAR 4,041 | SAR 24,246 |
7 | SAR 4,041 | SAR 20,205 |
8 | SAR 4,041 | SAR 16,164 |
9 | SAR 4,041 | SAR 12,123 |
10 | SAR 4,041 | SAR 8,082 |
11 | SAR 4,041 | SAR 4,041 |
12 | SAR 4,041 | SAR 0 |
Monthly Payment Composition
Interest: 44
Principal: 3997
Changan Eado 2020 1.6L GDI Smart Car Loan Calculator FAQs in KSA
- The loan process typically involves submitting a loan application to a bank or financial institution, providing necessary documents such as proof of income, identification, and details about the vehicle, followed by loan approval and disbursement.
- Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
- Consider factors such as your credit score, the loan interest rate, loan terms, monthly payment affordability, and any additional fees.
- Common interest rates for car loans in KSA range from 3% to 7%, depending on the bank and your credit profile.
- You will typically need to provide proof of income, a valid ID, vehicle details, and sometimes bank statements.
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