What is the process for obtaining a car loan for the Haval H9 2020 Comfort in KSA?

The process typically involves selecting a lender, submitting a loan application, providing necessary documentation like income proof and identification, and then waiting for loan approval.

Will taking out a loan for the Haval H9 2020 Comfort affect my credit score?

Yes, taking out a loan can affect your credit score, especially if you miss payments. However, responsible management of the loan can improve your credit over time.

What factors influence the interest rate for a car loan in KSA?

Factors include your credit score, the loan amount, the repayment term, and the current economic conditions.

Are there any additional fees to consider when taking out a car loan?

Yes, potential fees may include processing fees, insurance costs, and early repayment penalties. It's important to review the loan agreement carefully.

What documents do I need to provide for a car loan application?

You typically need to provide proof of identity, proof of income, bank statements, and possibly proof of residency.

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Haval H9 2020 Comfort Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,842

Down Payment

SAR 20,305

Total Cost

SAR 102,409

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,842	SAR 75,262
2	SAR 6,842	SAR 68,420
3	SAR 6,842	SAR 61,578
4	SAR 6,842	SAR 54,736
5	SAR 6,842	SAR 47,894
6	SAR 6,842	SAR 41,052
7	SAR 6,842	SAR 34,210
8	SAR 6,842	SAR 27,368
9	SAR 6,842	SAR 20,526
10	SAR 6,842	SAR 13,684
11	SAR 6,842	SAR 6,842
12	SAR 6,842	SAR 0

Monthly Payment Composition

Interest: 74

Principal: 6768

Haval H9 2020 Comfort Car Loan Calculator FAQs in KSA

The process typically involves selecting a lender, submitting a loan application, providing necessary documentation like income proof and identification, and then waiting for loan approval.
Yes, taking out a loan can affect your credit score, especially if you miss payments. However, responsible management of the loan can improve your credit over time.
Factors include your credit score, the loan amount, the repayment term, and the current economic conditions.
Yes, potential fees may include processing fees, insurance costs, and early repayment penalties. It's important to review the loan agreement carefully.
You typically need to provide proof of identity, proof of income, bank statements, and possibly proof of residency.