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MG GT 2023 1.5L COM Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,061

Down Payment

SAR 15,019

Total Cost

SAR 75,751

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,061	SAR 55,671
2	SAR 5,061	SAR 50,610
3	SAR 5,061	SAR 45,549
4	SAR 5,061	SAR 40,488
5	SAR 5,061	SAR 35,427
6	SAR 5,061	SAR 30,366
7	SAR 5,061	SAR 25,305
8	SAR 5,061	SAR 20,244
9	SAR 5,061	SAR 15,183
10	SAR 5,061	SAR 10,122
11	SAR 5,061	SAR 5,061
12	SAR 5,061	SAR 0

Monthly Payment Composition

Interest: 55

Principal: 5006

MG GT 2023 1.5L COM Car Loan Calculator FAQs in KSA

The loan process generally involves applying for a loan through a bank or financial institution, providing necessary documents, and awaiting approval before finalizing the purchase.

Yes, taking a loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.

Be aware of the interest rates, loan terms, fees, and your repayment capacity before applying for a car loan.

Factors include your credit score, the loan amount, the term of the loan, and the bank's policies.

Yes, you can refinance your car loan later, which may allow you to secure a lower interest rate or better loan terms.