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Chery Tiggo 8 Pro Max 2023 2.0T Flagship Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

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car price (SAR)*

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

Monthly Payment

SAR 9,238

Down Payment

SAR 27,416

Total Cost

SAR 138,272

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 9,238SAR 101,618
2SAR 9,238SAR 92,380
3SAR 9,238SAR 83,142
4SAR 9,238SAR 73,904
5SAR 9,238SAR 64,666
6SAR 9,238SAR 55,428
7SAR 9,238SAR 46,190
8SAR 9,238SAR 36,952
9SAR 9,238SAR 27,714
10SAR 9,238SAR 18,476
11SAR 9,238SAR 9,238
12SAR 9,238SAR 0

Monthly Payment Composition

Interest: 100
Principal: 9138

Chery Tiggo 8 Pro Max 2023 2.0T Flagship Car Loan Calculator FAQs in KSA

To obtain a car loan in KSA, you typically need to provide proof of income, identity documents, and details of the vehicle. After submitting your application, the bank will assess your creditworthiness and may approve the loan within a few days.

Yes, applying for a loan can impact your credit score. Each loan application may result in a hard inquiry on your credit report, which can temporarily decrease your score. However, making timely payments can improve your score over time.

Consider the interest rate, loan term, down payment requirements, and any additional fees. It's also important to evaluate the lender's reputation and customer service.

The exchange rate can impact the cost of imported vehicles and any foreign currency loans. If the Saudi Riyal weakens against the currency of the loan, your repayment amount may increase.

You will typically need your national ID or residency permit, salary certificate or pay slips, bank statements, and details of the vehicle you wish to purchase.