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Kia Niro 2023 1.6L HEV 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 8,448

Down Payment

SAR 25,070

Total Cost

SAR 126,446

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 8,448SAR 92,928
2SAR 8,448SAR 84,480
3SAR 8,448SAR 76,032
4SAR 8,448SAR 67,584
5SAR 8,448SAR 59,136
6SAR 8,448SAR 50,688
7SAR 8,448SAR 42,240
8SAR 8,448SAR 33,792
9SAR 8,448SAR 25,344
10SAR 8,448SAR 16,896
11SAR 8,448SAR 8,448
12SAR 8,448SAR 0

Monthly Payment Composition

Interest: 92
Principal: 8356

Kia Niro 2023 1.6L HEV Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options including bank loans, dealership financing, and leasing. Each option may have different terms and interest rates.

You can apply for a car loan by visiting a bank or financial institution, filling out an application form, and providing the necessary documents such as your ID, income proof, and details about the vehicle.

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

Be aware of the interest rates, loan terms, hidden fees, and the total cost of the loan over time. Always read the fine print before signing.

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the overall economic conditions in KSA.