

Kia Sportage 2024 1.6T-GDI SX (AWD) Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 10,897
Down Payment
SAR 32,338
Total Cost
SAR 163,102
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | SAR 10,897 | SAR 119,867 |
2 | SAR 10,897 | SAR 108,970 |
3 | SAR 10,897 | SAR 98,073 |
4 | SAR 10,897 | SAR 87,176 |
5 | SAR 10,897 | SAR 76,279 |
6 | SAR 10,897 | SAR 65,382 |
7 | SAR 10,897 | SAR 54,485 |
8 | SAR 10,897 | SAR 43,588 |
9 | SAR 10,897 | SAR 32,691 |
10 | SAR 10,897 | SAR 21,794 |
11 | SAR 10,897 | SAR 10,897 |
12 | SAR 10,897 | SAR 0 |
Monthly Payment Composition
Interest: 118
Principal: 10779
Kia Sportage 2024 1.6T-GDI SX (AWD) Car Loan Calculator FAQs in KSA
- The car loan process typically involves submitting an application to a bank or financing company, providing necessary documents such as proof of income, credit history, and details about the vehicle. After approval, you will sign the loan agreement and make the down payment.
- Taking out a loan can initially lower your credit score due to the hard inquiry made by lenders. However, if you make timely payments, it can improve your score over time by demonstrating responsible credit behavior.
- Before applying for a car loan, check your credit score, compare interest rates from different banks, understand the total cost of the loan including any fees, and ensure you have a budget for monthly payments.
- Factors that can influence the interest rate include your credit score, the loan amount, the loan term, current market rates, and the lender's policies.
- Yes, you can refinance your car loan after purchasing the vehicle. This may help you secure a lower interest rate or better terms, but be mindful of any fees associated with refinancing.
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