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City Sport 2024 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 5,813

Down Payment

SAR 17,250

Total Cost

SAR 87,006

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,813SAR 63,943
2SAR 5,813SAR 58,130
3SAR 5,813SAR 52,317
4SAR 5,813SAR 46,504
5SAR 5,813SAR 40,691
6SAR 5,813SAR 34,878
7SAR 5,813SAR 29,065
8SAR 5,813SAR 23,252
9SAR 5,813SAR 17,439
10SAR 5,813SAR 11,626
11SAR 5,813SAR 5,813
12SAR 5,813SAR 0

Monthly Payment Composition

Interest: 63
Principal: 5750

City Sport 2024 Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting a vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and finally signing the loan agreement.

Yes, taking a car loan can affect your credit score, as it adds to your credit mix and payment history. Timely payments can improve your score.

Consider factors such as interest rates, loan terms, monthly payments, and your financial situation before applying for a loan.

Interest rates directly affect the total amount you'll pay back over the life of the loan; lower rates result in lower overall payments.

Typically, you will need a valid ID, proof of income, bank statements, and details about the vehicle you wish to purchase.