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Genesis GV70 2024 2.5T Premium 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 14,850

Down Payment

SAR 44,070

Total Cost

SAR 222,270

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 14,850SAR 163,350
2SAR 14,850SAR 148,500
3SAR 14,850SAR 133,650
4SAR 14,850SAR 118,800
5SAR 14,850SAR 103,950
6SAR 14,850SAR 89,100
7SAR 14,850SAR 74,250
8SAR 14,850SAR 59,400
9SAR 14,850SAR 44,550
10SAR 14,850SAR 29,700
11SAR 14,850SAR 14,850
12SAR 14,850SAR 0

Monthly Payment Composition

Interest: 160
Principal: 14690

Genesis GV70 2024 2.5T Premium Car Loan Calculator FAQs in KSA

In KSA, you can typically choose from various financing options such as bank loans, dealership financing, and leasing. Each option may have different terms and conditions.

Taking out a loan can impact your credit score positively if you make timely payments. However, missing payments can lower your score.

Typically, you will need identification, proof of income, bank statements, and possibly a credit report to apply for a car loan.

Interest rates for car loans can vary depending on the bank and your credit profile, but they typically range from 2% to 6%.

Factors that can affect loan approval include your credit score, income level, employment stability, and the loan amount requested.