CarteaCar Loan Calculator

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

In KSA, you can choose from various financing options such as bank loans, leasing, and installment plans. Each option has different terms and interest rates.

To apply for a car loan, you typically need to visit a bank or financial institution, provide required documents such as identification, proof of income, and details about the vehicle.

Yes, taking out a loan can impact your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

Before taking a loan, consider the interest rate, the loan term, your budget for monthly payments, and any additional fees or insurance costs.

Factors that affect the interest rate include your credit score, the loan amount, the loan duration, and the bank's policies.