Hyundai Elantra 2023 1.6L Premium HEV Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 9,016
Down Payment
SAR 26,757
Total Cost
SAR 134,949
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 9,016 | SAR 99,176 |
| 2 | SAR 9,016 | SAR 90,160 |
| 3 | SAR 9,016 | SAR 81,144 |
| 4 | SAR 9,016 | SAR 72,128 |
| 5 | SAR 9,016 | SAR 63,112 |
| 6 | SAR 9,016 | SAR 54,096 |
| 7 | SAR 9,016 | SAR 45,080 |
| 8 | SAR 9,016 | SAR 36,064 |
| 9 | SAR 9,016 | SAR 27,048 |
| 10 | SAR 9,016 | SAR 18,032 |
| 11 | SAR 9,016 | SAR 9,016 |
| 12 | SAR 9,016 | SAR 0 |
Monthly Payment Composition
Interest: 97
Principal: 8919
Hyundai Elantra 2023 1.6L Premium HEV Car Loan Calculator FAQs in KSA
The loan process typically involves selecting a lender, submitting necessary documents, and completing an application. Then, the lender will assess your creditworthiness before approving the loan.
Yes, taking out a loan can affect your credit score. A hard inquiry is made when you apply for a loan, which may temporarily lower your score. However, timely repayments can improve it over time.
You should consider your credit score, income stability, loan terms, interest rates, and any additional fees associated with the loan.
Improving your credit score, having a stable income, reducing existing debts, and providing a substantial down payment can enhance your chances of loan approval.
Interest rates significantly affect your monthly payments and the total amount you will pay over the life of the loan. Lower rates generally mean lower monthly payments.
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