

CX5 Ignite Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 8,680
Down Payment
SAR 25,760
Total Cost
SAR 129,920
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | SAR 8,680 | SAR 95,480 |
2 | SAR 8,680 | SAR 86,800 |
3 | SAR 8,680 | SAR 78,120 |
4 | SAR 8,680 | SAR 69,440 |
5 | SAR 8,680 | SAR 60,760 |
6 | SAR 8,680 | SAR 52,080 |
7 | SAR 8,680 | SAR 43,400 |
8 | SAR 8,680 | SAR 34,720 |
9 | SAR 8,680 | SAR 26,040 |
10 | SAR 8,680 | SAR 17,360 |
11 | SAR 8,680 | SAR 8,680 |
12 | SAR 8,680 | SAR 0 |
Monthly Payment Composition
Interest: 94
Principal: 8586
CX5 Ignite Car Loan Calculator FAQs in KSA
In KSA, you can choose between various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options specifically designed for vehicle purchases.
To apply for a car loan, visit your preferred bank or financial institution, provide necessary documents such as proof of income, identification, and details about the vehicle, and fill out the loan application form.
Yes, taking a car loan can affect your credit score as it reflects your credit utilization and repayment history. Timely payments can improve your score, while missed payments can harm it.
Be aware of the interest rates, loan terms, any hidden fees, and your ability to make monthly payments. It’s crucial to read the loan agreement carefully before signing.
Factors influencing the interest rate include your credit score, the loan amount, the loan term, and current market rates. Banks may offer better rates to customers with higher credit scores.
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