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CX5 Ignite 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 8,680

Down Payment

SAR 25,760

Total Cost

SAR 129,920

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 8,680SAR 95,480
2SAR 8,680SAR 86,800
3SAR 8,680SAR 78,120
4SAR 8,680SAR 69,440
5SAR 8,680SAR 60,760
6SAR 8,680SAR 52,080
7SAR 8,680SAR 43,400
8SAR 8,680SAR 34,720
9SAR 8,680SAR 26,040
10SAR 8,680SAR 17,360
11SAR 8,680SAR 8,680
12SAR 8,680SAR 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.