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Hyundai Elantra 2023 1.6L 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 6,536

Down Payment

SAR 19,397

Total Cost

SAR 97,829

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 6,536SAR 71,896
2SAR 6,536SAR 65,360
3SAR 6,536SAR 58,824
4SAR 6,536SAR 52,288
5SAR 6,536SAR 45,752
6SAR 6,536SAR 39,216
7SAR 6,536SAR 32,680
8SAR 6,536SAR 26,144
9SAR 6,536SAR 19,608
10SAR 6,536SAR 13,072
11SAR 6,536SAR 6,536
12SAR 6,536SAR 0

Monthly Payment Composition

Interest: 71
Principal: 6465

Hyundai Elantra 2023 1.6L Comfort Car Loan Calculator FAQs in KSA

To obtain a car loan for the Hyundai Elantra 2023 1.6L Comfort, you need to choose a bank or financial institution, provide necessary documents such as proof of income and identification, and fill out a loan application. The bank will assess your creditworthiness and may require a down payment.

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

Before applying for a car loan, consider your budget, the total cost of the vehicle, interest rates, loan terms, and your ability to make monthly payments.

Factors that can influence the loan interest rate include your credit score, the loan amount, the loan term, and the current economic conditions.

Yes, some banks may charge hidden fees such as processing fees, insurance fees, or penalties for early repayment. It is important to read the loan agreement carefully.