What are the requirements for obtaining a loan for the Hyundai Staria 2023 in KSA?

To obtain a loan for the Hyundai Staria 2023 in KSA, you typically need to provide proof of income, identification documents, and details about the vehicle. Each bank may have specific requirements.

How does taking a loan affect my credit score in KSA?

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

What should I consider before applying for a car loan?

Before applying for a car loan, consider your budget, the total cost of the vehicle, the interest rates offered, and your repayment capability.

What factors can affect the interest rate on my car loan?

Factors that can affect the interest rate include your credit score, the loan term, the amount of down payment, and the bank's policies.

Can I refinance my car loan if I find better rates later?

Yes, you can refinance your car loan if you find better rates. This can potentially lower your monthly payments or total interest paid.

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Hyundai Staria 2023 3.5L Luxury (9 Seater) Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

Monthly Payment

SAR 12,271

Down Payment

SAR 36,417

Total Cost

SAR 183,669

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 12,271	SAR 134,981
2	SAR 12,271	SAR 122,710
3	SAR 12,271	SAR 110,439
4	SAR 12,271	SAR 98,168
5	SAR 12,271	SAR 85,897
6	SAR 12,271	SAR 73,626
7	SAR 12,271	SAR 61,355
8	SAR 12,271	SAR 49,084
9	SAR 12,271	SAR 36,813
10	SAR 12,271	SAR 24,542
11	SAR 12,271	SAR 12,271
12	SAR 12,271	SAR 0

Monthly Payment Composition

Interest: 132

Principal: 12139

Hyundai Staria 2023 3.5L Luxury (9 Seater) Car Loan Calculator FAQs in KSA

To obtain a loan for the Hyundai Staria 2023 in KSA, you typically need to provide proof of income, identification documents, and details about the vehicle. Each bank may have specific requirements.
Taking a loan can impact your credit score positively or negatively. Timely repayments can improve your score, while missed payments can lower it.
Before applying for a car loan, consider your budget, the total cost of the vehicle, the interest rates offered, and your repayment capability.
Factors that can affect the interest rate include your credit score, the loan term, the amount of down payment, and the bank's policies.
Yes, you can refinance your car loan if you find better rates. This can potentially lower your monthly payments or total interest paid.