Kia Sonet 2024 1.5L EX2 Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 6,200
Down Payment
SAR 18,400
Total Cost
SAR 92,800
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 6,200 | SAR 68,200 |
| 2 | SAR 6,200 | SAR 62,000 |
| 3 | SAR 6,200 | SAR 55,800 |
| 4 | SAR 6,200 | SAR 49,600 |
| 5 | SAR 6,200 | SAR 43,400 |
| 6 | SAR 6,200 | SAR 37,200 |
| 7 | SAR 6,200 | SAR 31,000 |
| 8 | SAR 6,200 | SAR 24,800 |
| 9 | SAR 6,200 | SAR 18,600 |
| 10 | SAR 6,200 | SAR 12,400 |
| 11 | SAR 6,200 | SAR 6,200 |
| 12 | SAR 6,200 | SAR 0 |
Monthly Payment Composition
Interest: 67
Principal: 6133
Kia Sonet 2024 1.5L EX2 Car Loan Calculator FAQs in KSA
The car loan process typically involves choosing a lender, submitting an application, providing necessary documents, and waiting for approval before finalizing the purchase.
Yes, taking out a car loan can affect your credit score as it increases your credit utilization and involves a hard inquiry on your credit report.
You should consider your budget, interest rates, loan terms, monthly payments, and your overall financial situation when applying for a car loan.
Interest rates for car loans in KSA can vary based on the lender and your credit profile, typically ranging from 3% to 8%.
Typically, you will need to provide identification, proof of income, bank statements, and details of the vehicle you intend to purchase.
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