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Elantra Gamma 1.6 Mpi 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 6,501

Down Payment

SAR 19,291

Total Cost

SAR 97,303

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 6,501SAR 71,511
2SAR 6,501SAR 65,010
3SAR 6,501SAR 58,509
4SAR 6,501SAR 52,008
5SAR 6,501SAR 45,507
6SAR 6,501SAR 39,006
7SAR 6,501SAR 32,505
8SAR 6,501SAR 26,004
9SAR 6,501SAR 19,503
10SAR 6,501SAR 13,002
11SAR 6,501SAR 6,501
12SAR 6,501SAR 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.