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Hyundai Accent 2023 1.6L Mid Option 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 5,560

Down Payment

SAR 16,500

Total Cost

SAR 83,220

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,560SAR 61,160
2SAR 5,560SAR 55,600
3SAR 5,560SAR 50,040
4SAR 5,560SAR 44,480
5SAR 5,560SAR 38,920
6SAR 5,560SAR 33,360
7SAR 5,560SAR 27,800
8SAR 5,560SAR 22,240
9SAR 5,560SAR 16,680
10SAR 5,560SAR 11,120
11SAR 5,560SAR 5,560
12SAR 5,560SAR 0

Monthly Payment Composition

Interest: 60
Principal: 5500

Hyundai Accent 2023 1.6L Mid Option Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting a bank or financial institution, submitting necessary documents, and filling out a loan application. Once approved, you can finalize the purchase.

Taking out a car loan can impact your credit score positively or negatively, depending on your repayment history. Timely payments can improve your score, while missed payments can harm it.

Consider factors such as interest rates, loan terms, your credit score, and the total cost of the loan, including any fees.

You typically need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.

Loan interest rates can be influenced by your credit score, the loan amount, the term of the loan, and the current economic conditions.