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Chevrolet Traverse 2024 3.6L LS (FWD) 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 9,536

Down Payment

SAR 28,300

Total Cost

SAR 142,732

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 9,536SAR 104,896
2SAR 9,536SAR 95,360
3SAR 9,536SAR 85,824
4SAR 9,536SAR 76,288
5SAR 9,536SAR 66,752
6SAR 9,536SAR 57,216
7SAR 9,536SAR 47,680
8SAR 9,536SAR 38,144
9SAR 9,536SAR 28,608
10SAR 9,536SAR 19,072
11SAR 9,536SAR 9,536
12SAR 9,536SAR 0

Monthly Payment Composition

Interest: 103
Principal: 9433

Chevrolet Traverse 2024 3.6L LS (FWD) Car Loan Calculator FAQs in KSA

The car loan process generally involves applying for a loan with a bank or financial institution, providing necessary documentation, and awaiting approval. Once approved, you can finalize the purchase.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.

Consider interest rates, loan terms, monthly payments, and your overall budget. Ensure you can afford the monthly payments without straining your finances.

Typically, you will need your identification, proof of income, bank statements, and information about the vehicle you wish to purchase.

Interest rates can be influenced by your credit score, the loan amount, the term length, and the lender’s policies.