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Kia Sonet 2024 1.5L EX1 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 6,309

Down Payment

SAR 18,722

Total Cost

SAR 94,430

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 6,309SAR 69,399
2SAR 6,309SAR 63,090
3SAR 6,309SAR 56,781
4SAR 6,309SAR 50,472
5SAR 6,309SAR 44,163
6SAR 6,309SAR 37,854
7SAR 6,309SAR 31,545
8SAR 6,309SAR 25,236
9SAR 6,309SAR 18,927
10SAR 6,309SAR 12,618
11SAR 6,309SAR 6,309
12SAR 6,309SAR 0

Monthly Payment Composition

Interest: 69
Principal: 6240

Kia Sonet 2024 1.5L EX1 Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, submitting a loan application to a bank or financial institution, providing necessary documentation, and waiting for approval before finalizing the purchase.

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

Typically, you will need to provide proof of identity, proof of income, employment verification, and details about the vehicle.

Factors that affect the interest rate include your credit score, the loan term, the lender's policies, and current market conditions.

Yes, there may be hidden fees such as processing fees, insurance costs, and early repayment penalties. Always review the loan agreement carefully.