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Kia K3 2024 1.6L LX 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 5,425

Down Payment

SAR 16,100

Total Cost

SAR 81,200

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,425SAR 59,675
2SAR 5,425SAR 54,250
3SAR 5,425SAR 48,825
4SAR 5,425SAR 43,400
5SAR 5,425SAR 37,975
6SAR 5,425SAR 32,550
7SAR 5,425SAR 27,125
8SAR 5,425SAR 21,700
9SAR 5,425SAR 16,275
10SAR 5,425SAR 10,850
11SAR 5,425SAR 5,425
12SAR 5,425SAR 0

Monthly Payment Composition

Interest: 59
Principal: 5366

Kia K3 2024 1.6L LX Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documentation, and receiving approval before finalizing the purchase.

Yes, taking out a loan can impact your credit score as it involves a credit inquiry and adds to your debt-to-income ratio. It's important to manage repayments responsibly.

Consider your budget, interest rates, loan terms, and your current financial situation. It's also wise to compare offers from different banks.

Factors include your credit score, the length of the loan, market conditions, and the specific bank's policies.

You typically need identification, proof of income, bank statements, and details about the vehicle. Some banks may require additional documents.