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Coolray GS 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 4,957

Down Payment

SAR 14,711

Total Cost

SAR 74,195

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,957SAR 54,527
2SAR 4,957SAR 49,570
3SAR 4,957SAR 44,613
4SAR 4,957SAR 39,656
5SAR 4,957SAR 34,699
6SAR 4,957SAR 29,742
7SAR 4,957SAR 24,785
8SAR 4,957SAR 19,828
9SAR 4,957SAR 14,871
10SAR 4,957SAR 9,914
11SAR 4,957SAR 4,957
12SAR 4,957SAR 0

Monthly Payment Composition

Interest: 54
Principal: 4903

Coolray GS Car Loan Calculator FAQs in KSA

To obtain a car loan for a Coolray GS in KSA, you need to apply through a bank or financial institution, provide necessary documentation, and undergo a credit assessment.

Yes, taking a car loan can affect your credit score as it increases your debt-to-income ratio, but timely repayments can improve your credit score.

Consider your monthly budget, interest rates, loan terms, and any additional fees associated with the loan.

Interest rates for car loans in KSA generally range from 3% to 6%, depending on the bank and your credit profile.

Many banks and dealerships offer special financing promotions for new car purchases, including the Coolray GS, so it's best to check with your local dealer or bank.