Lynk & Co 09 2024 2.0T Hyper Halo (AWD) Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 15,322
Down Payment
SAR 45,470
Total Cost
SAR 229,334
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 15,322 | SAR 168,542 |
| 2 | SAR 15,322 | SAR 153,220 |
| 3 | SAR 15,322 | SAR 137,898 |
| 4 | SAR 15,322 | SAR 122,576 |
| 5 | SAR 15,322 | SAR 107,254 |
| 6 | SAR 15,322 | SAR 91,932 |
| 7 | SAR 15,322 | SAR 76,610 |
| 8 | SAR 15,322 | SAR 61,288 |
| 9 | SAR 15,322 | SAR 45,966 |
| 10 | SAR 15,322 | SAR 30,644 |
| 11 | SAR 15,322 | SAR 15,322 |
| 12 | SAR 15,322 | SAR 0 |
Monthly Payment Composition
Interest: 166
Principal: 15156
Lynk & Co 09 2024 2.0T Hyper Halo (AWD) Car Loan Calculator FAQs in KSA
To obtain a car loan in KSA, you need to gather the necessary documents such as your ID, salary certificate, and any other required paperwork. Then approach a bank or financial institution, fill out an application form, and wait for approval.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.
Consider interest rates, loan terms, monthly payments, and any additional fees. Also, assess your financial situation to ensure you can afford the repayments.
To improve your chances, maintain a good credit score, ensure you have a stable income, and provide all necessary documentation to the lender.
Potential risks include falling into debt if you cannot keep up with payments, the vehicle depreciating in value faster than you pay off the loan, and possible repossession of the car.
