CarteaCar Loan Calculator

Jeep Cherokee 2020 3.2L Longitude 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 8,147

Down Payment

SAR 24,178

Total Cost

SAR 121,942

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 8,147SAR 89,617
2SAR 8,147SAR 81,470
3SAR 8,147SAR 73,323
4SAR 8,147SAR 65,176
5SAR 8,147SAR 57,029
6SAR 8,147SAR 48,882
7SAR 8,147SAR 40,735
8SAR 8,147SAR 32,588
9SAR 8,147SAR 24,441
10SAR 8,147SAR 16,294
11SAR 8,147SAR 8,147
12SAR 8,147SAR 0

Monthly Payment Composition

Interest: 88
Principal: 8059

Jeep Cherokee 2020 3.2L Longitude Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options including traditional bank loans, Islamic financing, and dealership financing for the Jeep Cherokee 2020 3.2L Longitude.

To apply for a car loan in KSA, you need to visit a bank or financial institution, provide necessary documents such as proof of income, identification, and vehicle details, and fill out the loan application form.

Yes, taking out a car loan can affect your credit score, as lenders will assess your credit history before approving your loan. Ensure timely repayments to maintain a good credit score.

When applying for a car loan, consider the interest rate, loan term, monthly payment amount, any additional fees, and your overall budget to ensure you can afford the payments.

Factors influencing the loan interest rate include your credit score, loan amount, loan term, the lender's policies, and current market conditions.