

M8 GX Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 11,015
Down Payment
SAR 32,688
Total Cost
SAR 164,868
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | SAR 11,015 | SAR 121,165 |
2 | SAR 11,015 | SAR 110,150 |
3 | SAR 11,015 | SAR 99,135 |
4 | SAR 11,015 | SAR 88,120 |
5 | SAR 11,015 | SAR 77,105 |
6 | SAR 11,015 | SAR 66,090 |
7 | SAR 11,015 | SAR 55,075 |
8 | SAR 11,015 | SAR 44,060 |
9 | SAR 11,015 | SAR 33,045 |
10 | SAR 11,015 | SAR 22,030 |
11 | SAR 11,015 | SAR 11,015 |
12 | SAR 11,015 | SAR 0 |
Monthly Payment Composition
Interest: 119
Principal: 10896
M8 GX Car Loan Calculator FAQs in KSA
To obtain a loan for the M8 GX in KSA, you need to apply through a bank or financial institution, provide necessary documentation such as identity proof, income verification, and details about the vehicle. The bank will then evaluate your application and creditworthiness.
Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.
The interest rate on your M8 GX loan can be affected by factors such as your credit score, the loan term, the bank's policies, and current market conditions.
You typically need to provide your ID, proof of income (such as pay stubs or bank statements), employment verification, and details about the vehicle you wish to purchase.
Some banks may impose prepayment penalties if you pay off your loan early. It's important to check the loan agreement for specific terms regarding early repayment.
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