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Hongqi HS5 2024 2.0T Comfort 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) *
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interest rate *
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calculate

Monthly Payment

SAR 8,081

Down Payment

SAR 23,980

Total Cost

SAR 120,952

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 8,081SAR 88,891
2SAR 8,081SAR 80,810
3SAR 8,081SAR 72,729
4SAR 8,081SAR 64,648
5SAR 8,081SAR 56,567
6SAR 8,081SAR 48,486
7SAR 8,081SAR 40,405
8SAR 8,081SAR 32,324
9SAR 8,081SAR 24,243
10SAR 8,081SAR 16,162
11SAR 8,081SAR 8,081
12SAR 8,081SAR 0

Monthly Payment Composition

Interest: 88
Principal: 7993

Hongqi HS5 2024 2.0T Comfort Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options including traditional bank loans, Islamic financing, and dealership financing for the Hongqi HS5 2024 2.0T Comfort.

Taking a loan can affect your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while missed payments can lower it.

Typically, you will need to provide your ID, proof of income, bank statements, and sometimes the vehicle's details for the loan application.

Factors such as your credit score, loan amount, loan term, and prevailing market rates can influence the interest rate of your loan.

It depends on your preferences. Bank loans often offer lower interest rates, while dealership financing may provide convenience and promotional offers. Compare both options to find the best deal.