What are the financing options available for purchasing a Honda CR-V 2024 2.4 EX in KSA?

In KSA, you can choose from several financing options such as bank loans, leasing, and installment plans offered by various banks and financial institutions.

How does taking a car loan affect my credit score?

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can lower your score significantly.

What should I consider before applying for a car loan?

Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a car loan.

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

Factors that can affect your car loan interest rate include your credit score, loan amount, loan term, and current market conditions.

Are there any hidden fees associated with car loans in KSA?

Yes, some banks may charge processing fees, insurance costs, and early repayment penalties, so it's important to read the loan agreement carefully.

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Honda CR-V 2024 2.4 EX Car Loan Calculator in KSA

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

Monthly Payment

SAR 11,850

Down Payment

SAR 35,167

Total Cost

SAR 177,367

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 11,850	SAR 130,350
2	SAR 11,850	SAR 118,500
3	SAR 11,850	SAR 106,650
4	SAR 11,850	SAR 94,800
5	SAR 11,850	SAR 82,950
6	SAR 11,850	SAR 71,100
7	SAR 11,850	SAR 59,250
8	SAR 11,850	SAR 47,400
9	SAR 11,850	SAR 35,550
10	SAR 11,850	SAR 23,700
11	SAR 11,850	SAR 11,850
12	SAR 11,850	SAR 0

Monthly Payment Composition

Interest: 128

Principal: 11722

Honda CR-V 2024 2.4 EX Car Loan Calculator FAQs in KSA

In KSA, you can choose from several financing options such as bank loans, leasing, and installment plans offered by various banks and financial institutions.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can lower your score significantly.
Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a car loan.
Factors that can affect your car loan interest rate include your credit score, loan amount, loan term, and current market conditions.
Yes, some banks may charge processing fees, insurance costs, and early repayment penalties, so it's important to read the loan agreement carefully.