Elantra Gamma 1.6 Mpi Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 6,501
Down Payment
SAR 19,291
Total Cost
SAR 97,303
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 6,501 | SAR 71,511 |
| 2 | SAR 6,501 | SAR 65,010 |
| 3 | SAR 6,501 | SAR 58,509 |
| 4 | SAR 6,501 | SAR 52,008 |
| 5 | SAR 6,501 | SAR 45,507 |
| 6 | SAR 6,501 | SAR 39,006 |
| 7 | SAR 6,501 | SAR 32,505 |
| 8 | SAR 6,501 | SAR 26,004 |
| 9 | SAR 6,501 | SAR 19,503 |
| 10 | SAR 6,501 | SAR 13,002 |
| 11 | SAR 6,501 | SAR 6,501 |
| 12 | SAR 6,501 | SAR 0 |
Monthly Payment Composition
Interest: 71
Principal: 6430
Elantra Gamma 1.6 Mpi Car Loan Calculator FAQs in KSA
Several banks in KSA offer car loans with varying interest rates and terms. You can compare offers from banks like Al Rajhi, NCB, and SAMBA.
To apply for a car loan, you need to visit the bank's branch or their website, fill out the application form, and provide necessary documents like ID, salary certificate, and proof of residence.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rate, loan tenure, monthly payments, and any hidden fees. It's also important to check your eligibility criteria.
Interest rates can be influenced by the central bank's policies, inflation rates, market competition, and your personal credit history.
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