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Kia Picanto 2023 1.2L LX Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

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car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 3,798

Down Payment

SAR 11,270

Total Cost

SAR 56,846

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 3,798SAR 41,778
2SAR 3,798SAR 37,980
3SAR 3,798SAR 34,182
4SAR 3,798SAR 30,384
5SAR 3,798SAR 26,586
6SAR 3,798SAR 22,788
7SAR 3,798SAR 18,990
8SAR 3,798SAR 15,192
9SAR 3,798SAR 11,394
10SAR 3,798SAR 7,596
11SAR 3,798SAR 3,798
12SAR 3,798SAR 0

Monthly Payment Composition

Interest: 42
Principal: 3756

Kia Picanto 2023 1.2L LX Car Loan Calculator FAQs in KSA

In KSA, you can choose between various financing options such as bank loans, leasing, and installment plans offered by dealerships.

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

Yes, taking a 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, additional fees, and your repayment capacity before signing any agreement.

Factors include your credit score, loan amount, repayment period, and the current economic conditions in KSA.