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Kia K8 2023 3.5L GDI EX Mid 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 12,718

Down Payment

SAR 37,743

Total Cost

SAR 190,359

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 12,718SAR 139,898
2SAR 12,718SAR 127,180
3SAR 12,718SAR 114,462
4SAR 12,718SAR 101,744
5SAR 12,718SAR 89,026
6SAR 12,718SAR 76,308
7SAR 12,718SAR 63,590
8SAR 12,718SAR 50,872
9SAR 12,718SAR 38,154
10SAR 12,718SAR 25,436
11SAR 12,718SAR 12,718
12SAR 12,718SAR 0

Monthly Payment Composition

Interest: 137
Principal: 12581

Kia K8 2023 3.5L GDI EX Mid Car Loan Calculator FAQs in KSA

In Saudi Arabia, you can choose from several financing options, including bank loans, leasing, and dealer financing. Each option has different terms and conditions, so it’s best to compare them.

Taking a car loan can affect your credit score positively or negatively, depending on your payment history. Timely payments can improve your score, while missed payments can lower it.

Typically, you will need to provide your identification, proof of income, residence proof, and details of the vehicle you wish to purchase. Some banks may require additional documents.

Some banks may charge a penalty for early repayment of a car loan, while others may not. It is important to check the terms of your loan agreement.

Factors that can affect your car loan interest rate include your credit score, the length of the loan term, the amount financed, and current market conditions.