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Honda City 2024 1.5L DX Car Loan Calculator in KSA

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

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car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 5,108

Down Payment

SAR 15,157

Total Cost

SAR 76,453

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,108SAR 56,188
2SAR 5,108SAR 51,080
3SAR 5,108SAR 45,972
4SAR 5,108SAR 40,864
5SAR 5,108SAR 35,756
6SAR 5,108SAR 30,648
7SAR 5,108SAR 25,540
8SAR 5,108SAR 20,432
9SAR 5,108SAR 15,324
10SAR 5,108SAR 10,216
11SAR 5,108SAR 5,108
12SAR 5,108SAR 0

Monthly Payment Composition

Interest: 56
Principal: 5052

Honda City 2024 1.5L DX Car Loan Calculator FAQs in KSA

To be eligible for a car loan, you typically need to be at least 21 years old, have a steady income, and provide necessary documentation such as your ID, salary slips, and bank statements.

You can apply for a car loan by visiting your bank or financial institution's website, filling out an application form, and submitting the required documents either online or in person.

Yes, taking a car loan can impact your credit score. Making timely payments can improve your score, while missed payments can lower it.

You should consider the interest rate, loan term, monthly payments, and any additional fees or insurance requirements.

Factors include economic stability, interest rates set by central banks, inflation rates, and geopolitical events.