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Hongqi H9 2024 2.0T Luxury 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 16,100

Down Payment

SAR 47,780

Total Cost

SAR 240,980

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 16,100SAR 177,100
2SAR 16,100SAR 161,000
3SAR 16,100SAR 144,900
4SAR 16,100SAR 128,800
5SAR 16,100SAR 112,700
6SAR 16,100SAR 96,600
7SAR 16,100SAR 80,500
8SAR 16,100SAR 64,400
9SAR 16,100SAR 48,300
10SAR 16,100SAR 32,200
11SAR 16,100SAR 16,100
12SAR 16,100SAR 0

Monthly Payment Composition

Interest: 174
Principal: 15926

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

There are several financing options available, including conventional auto loans, Islamic financing, and leasing. It is important to compare interest rates and terms from different banks.

To apply for a car loan, you need to visit your preferred bank or apply online. You will need to provide personal information, income verification, and details about the car.

Yes, taking out a loan can affect your credit score. It may increase your credit utilization ratio and result in a hard inquiry on your credit report.

Consider your financial situation, the total cost of the loan including interest, monthly payments, and whether you can afford them. Also, check the terms and conditions of the loan.

Factors include your credit score, the loan amount, the loan term, and the bank's policies. Economic conditions and inflation can also play a role.