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Kia Sorento 2024 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 2024 3.5L EX1 (AWD) Car Loan Calculator FAQs in KSA

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

Yes, taking a car loan can affect your credit score. It may improve your score if you make timely payments, but missed payments can negatively impact it.

Consider your budget, the total cost of the car including interest, loan terms, and your ability to make monthly payments.

Factors include your credit score, the loan amount, the length of the loan, and prevailing market interest rates.

Typically, you will need to provide identification, proof of income, proof of residence, and details about the vehicle you wish to purchase.