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Hongqi HS5 2023 2.0T Deluxe (AWD) 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 10,102

Down Payment

SAR 29,980

Total Cost

SAR 151,204

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 10,102SAR 111,122
2SAR 10,102SAR 101,020
3SAR 10,102SAR 90,918
4SAR 10,102SAR 80,816
5SAR 10,102SAR 70,714
6SAR 10,102SAR 60,612
7SAR 10,102SAR 50,510
8SAR 10,102SAR 40,408
9SAR 10,102SAR 30,306
10SAR 10,102SAR 20,204
11SAR 10,102SAR 10,102
12SAR 10,102SAR 0

Monthly Payment Composition

Interest: 109
Principal: 9993

Hongqi HS5 2023 2.0T Deluxe (AWD) Car Loan Calculator FAQs in KSA

In Saudi Arabia, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options tailored for vehicle purchases.

To apply for a car loan, you need to gather necessary documents such as your ID, income proof, and bank statements, and then approach a bank or financial institution for the application process.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

Consider factors like the interest rate, loan term, monthly payments, and any additional fees. Also evaluate your budget to ensure you can afford the repayments.

Factors include your credit score, the loan amount, the loan term, and the prevailing economic conditions. Banks may also offer different rates based on their policies.