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Mercedes-Benz GLB 2023 250 4MATIC Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

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car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 19,609

Down Payment

SAR 58,195

Total Cost

SAR 293,503

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 19,609SAR 215,699
2SAR 19,609SAR 196,090
3SAR 19,609SAR 176,481
4SAR 19,609SAR 156,872
5SAR 19,609SAR 137,263
6SAR 19,609SAR 117,654
7SAR 19,609SAR 98,045
8SAR 19,609SAR 78,436
9SAR 19,609SAR 58,827
10SAR 19,609SAR 39,218
11SAR 19,609SAR 19,609
12SAR 19,609SAR 0

Monthly Payment Composition

Interest: 211
Principal: 19398

Mercedes-Benz GLB 2023 250 4MATIC Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options tailored for vehicle purchases.

Applying for a car loan may temporarily lower your credit score due to a hard inquiry, but timely repayments can improve your score over time.

You will typically need to provide proof of identity, income documents, employment verification, and information about the vehicle.

Interest rates can be influenced by your credit score, the loan term, the lender's policies, and the current market conditions.

Yes, you may encounter fees such as processing fees, insurance requirements, and early repayment penalties, so it's important to review the loan agreement carefully.