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Ford Explorer 2023 2.3L EcoBoost Limited AWD 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 15,055

Down Payment

SAR 44,678

Total Cost

SAR 225,338

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 15,055SAR 165,605
2SAR 15,055SAR 150,550
3SAR 15,055SAR 135,495
4SAR 15,055SAR 120,440
5SAR 15,055SAR 105,385
6SAR 15,055SAR 90,330
7SAR 15,055SAR 75,275
8SAR 15,055SAR 60,220
9SAR 15,055SAR 45,165
10SAR 15,055SAR 30,110
11SAR 15,055SAR 15,055
12SAR 15,055SAR 0

Monthly Payment Composition

Interest: 163
Principal: 14892

Ford Explorer 2023 2.3L EcoBoost Limited AWD Car Loan Calculator FAQs in KSA

Typical loan terms in KSA range from 12 to 60 months, with interest rates varying based on the bank's policies and the borrower's creditworthiness.

You can apply for a car loan through banks or financing companies either online or by visiting their branches. Required documents usually include your ID, proof of income, and vehicle details.

Yes, taking a loan can impact your credit score. Timely payments can improve your score, while late payments may lower it.

Consider interest rates, loan terms, monthly installments, and any additional fees. It's also important to review your budget to ensure you can afford the payments.

Loan interest rates can be affected by inflation rates, the central bank's monetary policy, and the individual's credit history.