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Hyundai Elantra 2024 1.6L Premium HEV 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) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 9,016

Down Payment

SAR 26,757

Total Cost

SAR 134,949

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 9,016SAR 99,176
2SAR 9,016SAR 90,160
3SAR 9,016SAR 81,144
4SAR 9,016SAR 72,128
5SAR 9,016SAR 63,112
6SAR 9,016SAR 54,096
7SAR 9,016SAR 45,080
8SAR 9,016SAR 36,064
9SAR 9,016SAR 27,048
10SAR 9,016SAR 18,032
11SAR 9,016SAR 9,016
12SAR 9,016SAR 0

Monthly Payment Composition

Interest: 97
Principal: 8919

Hyundai Elantra 2024 1.6L Premium HEV Car Loan Calculator FAQs in KSA

In KSA, you can typically choose between bank loans, dealer financing, or leasing options for the Hyundai Elantra 2024 1.6L Premium HEV.

Taking a loan can impact your credit score positively or negatively, depending on your repayment behavior. Timely payments can improve your score, while missed payments can lower it.

Before applying, consider your budget, the loan interest rates, the loan term, and your ability to make monthly payments without financial strain.

The interest rates for car loans in KSA generally range from 3% to 7%, but this can vary based on the bank and your credit profile.

To improve your chances, maintain a good credit score, provide a stable income proof, and reduce existing debts before applying for the loan.