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Kia Sorento 2023 3.5L EX1 (AWD) 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 10,871

Down Payment

SAR 32,260

Total Cost

SAR 162,712

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 10,871SAR 119,581
2SAR 10,871SAR 108,710
3SAR 10,871SAR 97,839
4SAR 10,871SAR 86,968
5SAR 10,871SAR 76,097
6SAR 10,871SAR 65,226
7SAR 10,871SAR 54,355
8SAR 10,871SAR 43,484
9SAR 10,871SAR 32,613
10SAR 10,871SAR 21,742
11SAR 10,871SAR 10,871
12SAR 10,871SAR 0

Monthly Payment Composition

Interest: 118
Principal: 10753

Kia Sorento 2023 3.5L EX1 (AWD) Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for a loan with a bank or financial institution, providing necessary documents, and then signing the loan agreement upon approval.

Yes, taking out a car loan can affect your credit score. Making timely repayments can improve your score, while missed payments can negatively impact it.

Consider your monthly budget, the interest rate, loan terms, your credit history, and any additional fees associated with the loan.

Interest rates for car loans in KSA generally range from 3% to 7%, depending on the bank and your credit profile.

Yes, there may be additional fees such as processing fees, insurance costs, and registration fees that you should inquire about before finalizing the loan.