Hyundai Elantra 2023 1.6L Comfort Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 6,536
Down Payment
SAR 19,397
Total Cost
SAR 97,829
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | SAR 6,536 | SAR 71,896 |
2 | SAR 6,536 | SAR 65,360 |
3 | SAR 6,536 | SAR 58,824 |
4 | SAR 6,536 | SAR 52,288 |
5 | SAR 6,536 | SAR 45,752 |
6 | SAR 6,536 | SAR 39,216 |
7 | SAR 6,536 | SAR 32,680 |
8 | SAR 6,536 | SAR 26,144 |
9 | SAR 6,536 | SAR 19,608 |
10 | SAR 6,536 | SAR 13,072 |
11 | SAR 6,536 | SAR 6,536 |
12 | SAR 6,536 | SAR 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.
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