What are the requirements for obtaining a car loan for the CX90 Core AWD in KSA?

To obtain a car loan for the CX90 Core AWD in KSA, you typically need to provide proof of income, a valid ID, and a good credit score. Additionally, some banks may require a down payment.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your credit score over time.

What factors can affect the interest rate on my car loan in KSA?

Factors that can affect the interest rate on your car loan in KSA include your credit score, the loan amount, the loan term, and the bank's current policies.

What steps should I follow to apply for a car loan for the CX90 Core AWD in KSA?

To apply for a car loan, gather required documents, visit your preferred bank or lender, fill out the application form, and wait for approval.

Are there any hidden fees associated with car loans in KSA?

Yes, some banks may charge processing fees, prepayment penalties, or insurance fees, so it's essential to read the loan agreement carefully.

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CX90 Core AWD Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

Monthly Payment

SAR 10,850

Down Payment

SAR 32,200

Total Cost

SAR 162,400

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 10,850	SAR 119,350
2	SAR 10,850	SAR 108,500
3	SAR 10,850	SAR 97,650
4	SAR 10,850	SAR 86,800
5	SAR 10,850	SAR 75,950
6	SAR 10,850	SAR 65,100
7	SAR 10,850	SAR 54,250
8	SAR 10,850	SAR 43,400
9	SAR 10,850	SAR 32,550
10	SAR 10,850	SAR 21,700
11	SAR 10,850	SAR 10,850
12	SAR 10,850	SAR 0

Monthly Payment Composition

Interest: 117

Principal: 10733

CX90 Core AWD Car Loan Calculator FAQs in KSA

To obtain a car loan for the CX90 Core AWD in KSA, you typically need to provide proof of income, a valid ID, and a good credit score. Additionally, some banks may require a down payment.
Taking a car loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your credit score over time.
Factors that can affect the interest rate on your car loan in KSA include your credit score, the loan amount, the loan term, and the bank's current policies.
To apply for a car loan, gather required documents, visit your preferred bank or lender, fill out the application form, and wait for approval.
Yes, some banks may charge processing fees, prepayment penalties, or insurance fees, so it's essential to read the loan agreement carefully.