Chevrolet Groove 2023 1.5L LT Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 4,604
Down Payment
SAR 13,662
Total Cost
SAR 68,910
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 4,604 | SAR 50,644 |
| 2 | SAR 4,604 | SAR 46,040 |
| 3 | SAR 4,604 | SAR 41,436 |
| 4 | SAR 4,604 | SAR 36,832 |
| 5 | SAR 4,604 | SAR 32,228 |
| 6 | SAR 4,604 | SAR 27,624 |
| 7 | SAR 4,604 | SAR 23,020 |
| 8 | SAR 4,604 | SAR 18,416 |
| 9 | SAR 4,604 | SAR 13,812 |
| 10 | SAR 4,604 | SAR 9,208 |
| 11 | SAR 4,604 | SAR 4,604 |
| 12 | SAR 4,604 | SAR 0 |
Monthly Payment Composition
Interest: 50
Principal: 4554
Chevrolet Groove 2023 1.5L LT Car Loan Calculator FAQs in KSA
Common loan options include conventional auto loans, Islamic finance options, and dealership financing. Each has different terms and conditions.
Applying for a loan can impact your credit score. Each application may result in a hard inquiry, which can temporarily lower your score.
Consider interest rates, repayment terms, any fees involved, and whether the loan is secured or unsecured.
Interest rates for auto loans in KSA typically range from 4% to 8%, depending on the lender and the borrower's creditworthiness.
Yes, taking a car loan can affect your debt-to-income ratio, which lenders consider when assessing your eligibility for other credits.
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