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Hyundai Sonata 2023 2.5L Fleet 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 7,311

Down Payment

SAR 21,697

Total Cost

SAR 109,429

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 7,311SAR 80,421
2SAR 7,311SAR 73,110
3SAR 7,311SAR 65,799
4SAR 7,311SAR 58,488
5SAR 7,311SAR 51,177
6SAR 7,311SAR 43,866
7SAR 7,311SAR 36,555
8SAR 7,311SAR 29,244
9SAR 7,311SAR 21,933
10SAR 7,311SAR 14,622
11SAR 7,311SAR 7,311
12SAR 7,311SAR 0

Monthly Payment Composition

Interest: 79
Principal: 7232

Hyundai Sonata 2023 2.5L Fleet Car Loan Calculator FAQs in KSA

The car loan process typically involves applying for a loan with a bank or financial institution, providing necessary documents, and awaiting approval before finalizing the purchase.

Yes, taking a loan can impact your credit score, as it reflects your credit utilization and payment history. Timely payments can improve your score.

Consider your credit score, interest rates, loan terms, monthly payments, and the overall cost of the vehicle before applying for a loan.

The typical interest rate for a car loan in KSA can range from 4% to 8%, depending on the bank and your credit profile.

To improve your chances, maintain a good credit score, provide accurate documentation, reduce existing debts, and show stable income.