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Hongqi H9 2024 2.0T Luxury 2 Tone 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 17,178

Down Payment

SAR 50,980

Total Cost

SAR 257,116

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 17,178SAR 188,958
2SAR 17,178SAR 171,780
3SAR 17,178SAR 154,602
4SAR 17,178SAR 137,424
5SAR 17,178SAR 120,246
6SAR 17,178SAR 103,068
7SAR 17,178SAR 85,890
8SAR 17,178SAR 68,712
9SAR 17,178SAR 51,534
10SAR 17,178SAR 34,356
11SAR 17,178SAR 17,178
12SAR 17,178SAR 0

Monthly Payment Composition

Interest: 185
Principal: 16993

Hongqi H9 2024 2.0T Luxury 2 Tone Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as conventional auto loans, Islamic auto financing, and leasing options. It's best to compare the terms and interest rates from different banks.

To apply for a car loan, you need to gather your identification documents, proof of income, and the vehicle details. You can then visit the bank or apply online through their website.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but late payments can have a negative impact.

It's important to be aware of the interest rates, loan terms, and any additional fees involved. Always read the fine print and understand the total cost of the loan.

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the bank's policies. Always compare offers from multiple banks to find the best rate.