HomeCar Loan Calculator

Lynk & Co 01 2024 2.0T Hyper Pro 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 8,642

Down Payment

SAR 25,646

Total Cost

SAR 129,350

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 8,642SAR 95,062
2SAR 8,642SAR 86,420
3SAR 8,642SAR 77,778
4SAR 8,642SAR 69,136
5SAR 8,642SAR 60,494
6SAR 8,642SAR 51,852
7SAR 8,642SAR 43,210
8SAR 8,642SAR 34,568
9SAR 8,642SAR 25,926
10SAR 8,642SAR 17,284
11SAR 8,642SAR 8,642
12SAR 8,642SAR 0

Monthly Payment Composition

Interest: 94
Principal: 8548

Lynk & Co 01 2024 2.0T Hyper Pro Car Loan Calculator FAQs in KSA

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

Yes, taking a car loan can impact your credit score. If you make timely payments, it can improve your score; however, missing payments can have a negative effect.

Consider your budget, the interest rates offered, loan terms, and your ability to make monthly payments. It's also important to check your credit score before applying.

Factors that can affect your car loan interest rate include your credit score, loan term, the amount of the down payment, and the lender's policies.

Yes, you can refinance your car loan later on. This can be beneficial if you find a lower interest rate or if your credit score improves significantly.