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Kia Sorento 2023 3.5L EX2 (AWD) 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 13,041

Down Payment

SAR 38,700

Total Cost

SAR 195,192

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 13,041SAR 143,451
2SAR 13,041SAR 130,410
3SAR 13,041SAR 117,369
4SAR 13,041SAR 104,328
5SAR 13,041SAR 91,287
6SAR 13,041SAR 78,246
7SAR 13,041SAR 65,205
8SAR 13,041SAR 52,164
9SAR 13,041SAR 39,123
10SAR 13,041SAR 26,082
11SAR 13,041SAR 13,041
12SAR 13,041SAR 0

Monthly Payment Composition

Interest: 142
Principal: 12899

Kia Sorento 2023 3.5L EX2 (AWD) Car Loan Calculator FAQs in KSA

The car loan process generally involves selecting the vehicle, applying for a loan through a bank or financial institution, providing required documents, and then signing the loan agreement after approval.

Yes, taking out a car loan can affect your credit score. It may improve your score if you make timely payments, but missing payments can harm your credit rating.

Consider your monthly budget, interest rates, loan terms, your credit score, and the total cost of the vehicle including insurance and maintenance.

Factors include your credit score, the loan amount, the loan term, the age of the vehicle, and current market conditions.

Yes, refinancing is possible if you find a better interest rate or want to change the loan terms. However, it's important to consider any fees associated with refinancing.