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Hongqi H9 2023 3.0T Comfort 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 18,863

Down Payment

SAR 55,980

Total Cost

SAR 282,336

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 18,863SAR 207,493
2SAR 18,863SAR 188,630
3SAR 18,863SAR 169,767
4SAR 18,863SAR 150,904
5SAR 18,863SAR 132,041
6SAR 18,863SAR 113,178
7SAR 18,863SAR 94,315
8SAR 18,863SAR 75,452
9SAR 18,863SAR 56,589
10SAR 18,863SAR 37,726
11SAR 18,863SAR 18,863
12SAR 18,863SAR 0

Monthly Payment Composition

Interest: 203
Principal: 18660

Hongqi H9 2023 3.0T Comfort Car Loan Calculator FAQs in KSA

To obtain a car loan, you typically need to provide proof of income, identification, and sometimes a down payment. Specific requirements may vary by bank.

Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.

Factors include your credit score, the bank's policies, the loan amount, and the loan term. Lower credit scores typically lead to higher interest rates.

Yes, many banks are open to negotiation on interest rates and loan terms. It's beneficial to compare offers from different banks.

Be cautious about hidden fees, loan terms, and your ability to make monthly payments. It's important to read all loan documents carefully.