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Kia Cerato 2024 1.6L EX 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 6,123

Down Payment

SAR 18,170

Total Cost

SAR 91,646

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 6,123SAR 67,353
2SAR 6,123SAR 61,230
3SAR 6,123SAR 55,107
4SAR 6,123SAR 48,984
5SAR 6,123SAR 42,861
6SAR 6,123SAR 36,738
7SAR 6,123SAR 30,615
8SAR 6,123SAR 24,492
9SAR 6,123SAR 18,369
10SAR 6,123SAR 12,246
11SAR 6,123SAR 6,123
12SAR 6,123SAR 0

Monthly Payment Composition

Interest: 67
Principal: 6056

Kia Cerato 2024 1.6L EX Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options specifically tailored for vehicle purchases.

You can apply for a car loan by visiting your preferred bank or financial institution, submitting required documents such as your ID, proof of income, and vehicle details, and completing the application form.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.

Consider factors such as the interest rate, loan term, monthly payments, total cost of the loan, and any additional fees involved in the financing process.

Interest rates on car loans can be influenced by factors such as the central bank's policy rates, inflation, your credit history, and the overall economic conditions in KSA.