CarteaCar Loan Calculator

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

select car *

car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 4,041

Down Payment

SAR 11,993

Total Cost

SAR 60,485

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,041SAR 44,451
2SAR 4,041SAR 40,410
3SAR 4,041SAR 36,369
4SAR 4,041SAR 32,328
5SAR 4,041SAR 28,287
6SAR 4,041SAR 24,246
7SAR 4,041SAR 20,205
8SAR 4,041SAR 16,164
9SAR 4,041SAR 12,123
10SAR 4,041SAR 8,082
11SAR 4,041SAR 4,041
12SAR 4,041SAR 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.