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M8 GX 2025 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 12,005

Down Payment

SAR 35,627

Total Cost

SAR 179,687

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 12,005SAR 132,055
2SAR 12,005SAR 120,050
3SAR 12,005SAR 108,045
4SAR 12,005SAR 96,040
5SAR 12,005SAR 84,035
6SAR 12,005SAR 72,030
7SAR 12,005SAR 60,025
8SAR 12,005SAR 48,020
9SAR 12,005SAR 36,015
10SAR 12,005SAR 24,010
11SAR 12,005SAR 12,005
12SAR 12,005SAR 0

Monthly Payment Composition

Interest: 130
Principal: 11875

M8 GX 2025 Car Loan Calculator FAQs in KSA

To be eligible for a car loan for M8 GX 2025 in KSA, you generally need to be at least 21 years old, have a steady income, a good credit history, and valid residency status.

Taking a car loan can impact your credit score positively if you make timely payments, but late payments can lower your score.

Interest rates for car loans in KSA typically range from 3% to 7%, depending on the bank and your credit profile.

You will typically need your ID, proof of income, bank statements, and sometimes proof of insurance to apply for a car loan in KSA.

Factors that can affect your car loan approval include your credit score, income level, existing debts, and the loan amount requested.