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L7 Ultra 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 17,195

Down Payment

SAR 51,030

Total Cost

SAR 257,370

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 17,195SAR 189,145
2SAR 17,195SAR 171,950
3SAR 17,195SAR 154,755
4SAR 17,195SAR 137,560
5SAR 17,195SAR 120,365
6SAR 17,195SAR 103,170
7SAR 17,195SAR 85,975
8SAR 17,195SAR 68,780
9SAR 17,195SAR 51,585
10SAR 17,195SAR 34,390
11SAR 17,195SAR 17,195
12SAR 17,195SAR 0

Monthly Payment Composition

Interest: 186
Principal: 17009

L7 Ultra Car Loan Calculator FAQs in KSA

  • The L7 Ultra car loan is a financing option provided by banks in KSA to help customers purchase the L7 Ultra vehicle, typically covering a portion of the vehicle's price and allowing repayment in installments.
  • You can apply for an L7 Ultra car loan by visiting a bank branch, or by applying online through the bank's website. You will need to provide necessary documents like your ID, proof of income, and details of the vehicle.
  • Yes, taking a loan will affect your credit score. If you make timely payments, it can improve your score, but missed payments may negatively impact it.
  • Consider the interest rate, loan term, monthly payments, and any additional fees. Also, evaluate your budget to ensure you can afford the repayments.
  • Interest rates can be affected by your credit score, the current economic conditions, the loan amount, and the loan term. Different banks may also offer varying rates.