HomeCar Loan Calculator

MG 6 2023 1.5T COM 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 5,232

Down Payment

SAR 15,525

Total Cost

SAR 78,309

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,232SAR 57,552
2SAR 5,232SAR 52,320
3SAR 5,232SAR 47,088
4SAR 5,232SAR 41,856
5SAR 5,232SAR 36,624
6SAR 5,232SAR 31,392
7SAR 5,232SAR 26,160
8SAR 5,232SAR 20,928
9SAR 5,232SAR 15,696
10SAR 5,232SAR 10,464
11SAR 5,232SAR 5,232
12SAR 5,232SAR 0

Monthly Payment Composition

Interest: 57
Principal: 5175

MG 6 2023 1.5T COM Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, leasing, or dealer financing for the MG 6 2023 1.5T COM.

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents such as ID, income proof, and the vehicle details.

Yes, taking a car loan can affect your credit score, especially if you make timely payments or default on the loan.

Consider the interest rates, loan terms, your budget, and whether the loan fits your financial situation before proceeding.

Factors that can affect the interest rate include your credit score, loan amount, loan term, and prevailing market conditions.