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Kia Sorento 2023 3.5L LX (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 9,920

Down Payment

SAR 29,440

Total Cost

SAR 148,480

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 9,920SAR 109,120
2SAR 9,920SAR 99,200
3SAR 9,920SAR 89,280
4SAR 9,920SAR 79,360
5SAR 9,920SAR 69,440
6SAR 9,920SAR 59,520
7SAR 9,920SAR 49,600
8SAR 9,920SAR 39,680
9SAR 9,920SAR 29,760
10SAR 9,920SAR 19,840
11SAR 9,920SAR 9,920
12SAR 9,920SAR 0

Monthly Payment Composition

Interest: 107
Principal: 9813

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

The car loan process generally involves applying through a bank or financial institution, submitting required documents like proof of income, and then the lender will evaluate your application before approving the loan.

Yes, taking a loan can impact your credit score, as it will be recorded on your credit report. Timely payments can improve your score, while missed payments can lower it.

Be aware of the interest rates, loan terms, and any additional fees. It's important to compare different offers from various lenders to find the best deal.

Interest rates can be affected by your credit score, the loan amount, the loan term, and the financial institution's policies.

Yes, refinancing is possible if you find a better interest rate or terms after your initial loan. This can help reduce your monthly payments or total interest paid.