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Hongqi HS7 2023 3.0T Luxury (AWD) 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 15,494

Down Payment

SAR 45,980

Total Cost

SAR 231,908

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 15,494SAR 170,434
2SAR 15,494SAR 154,940
3SAR 15,494SAR 139,446
4SAR 15,494SAR 123,952
5SAR 15,494SAR 108,458
6SAR 15,494SAR 92,964
7SAR 15,494SAR 77,470
8SAR 15,494SAR 61,976
9SAR 15,494SAR 46,482
10SAR 15,494SAR 30,988
11SAR 15,494SAR 15,494
12SAR 15,494SAR 0

Monthly Payment Composition

Interest: 168
Principal: 15326

Hongqi HS7 2023 3.0T Luxury (AWD) Car Loan Calculator FAQs in KSA

The car loan process generally involves choosing a bank, submitting your application, providing necessary documents like income proof and identity, and finally, signing the loan agreement after approval.

Yes, applying for a car loan may temporarily impact your credit score, especially if the bank conducts a hard inquiry.

You should consider the interest rate, loan term, monthly payments, your credit score, and any additional fees associated with the loan.

Common requirements include being at least 21 years old, having a steady income, valid identification, and a good credit history.

Factors affecting your interest rate include your credit score, the loan amount, the loan term, and the current market conditions.