What are the eligibility requirements for a car loan for the FORTUNER GX2 4X4 DSL in KSA?

To be eligible for a car loan, you typically need to be a Saudi citizen or a resident, at least 21 years old, have a steady income, and a good credit score.

How can I apply for a car loan for the FORTUNER GX2 4X4 DSL?

You can apply for a car loan through banks or financial institutions in KSA, either online or in person. You will need to provide documents such as your ID, income proof, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

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

Factors include your credit score, loan amount, loan term, and the lender's policies. A higher credit score usually results in a lower interest rate.

What should I be aware of before finalizing my car loan?

Be aware of the total cost of the loan, including interest rates, fees, and the repayment schedule. Ensure you understand the terms and conditions.

CarteaCar Loan Calculator

FORTUNER GX2 4X4 DSL Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,913

Down Payment

SAR 29,417

Total Cost

SAR 148,373

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,913	SAR 109,043
2	SAR 9,913	SAR 99,130
3	SAR 9,913	SAR 89,217
4	SAR 9,913	SAR 79,304
5	SAR 9,913	SAR 69,391
6	SAR 9,913	SAR 59,478
7	SAR 9,913	SAR 49,565
8	SAR 9,913	SAR 39,652
9	SAR 9,913	SAR 29,739
10	SAR 9,913	SAR 19,826
11	SAR 9,913	SAR 9,913
12	SAR 9,913	SAR 0

Monthly Payment Composition

Interest: 108

Principal: 9805

FORTUNER GX2 4X4 DSL Car Loan Calculator FAQs in KSA

To be eligible for a car loan, you typically need to be a Saudi citizen or a resident, at least 21 years old, have a steady income, and a good credit score.
You can apply for a car loan through banks or financial institutions in KSA, either online or in person. You will need to provide documents such as your ID, income proof, and vehicle details.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Factors include your credit score, loan amount, loan term, and the lender's policies. A higher credit score usually results in a lower interest rate.
Be aware of the total cost of the loan, including interest rates, fees, and the repayment schedule. Ensure you understand the terms and conditions.