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MG GT 2023 1.5T LUX 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) *
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interest rate *
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calculate

Monthly Payment

SAR 5,441

Down Payment

SAR 16,146

Total Cost

SAR 81,438

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,441SAR 59,851
2SAR 5,441SAR 54,410
3SAR 5,441SAR 48,969
4SAR 5,441SAR 43,528
5SAR 5,441SAR 38,087
6SAR 5,441SAR 32,646
7SAR 5,441SAR 27,205
8SAR 5,441SAR 21,764
9SAR 5,441SAR 16,323
10SAR 5,441SAR 10,882
11SAR 5,441SAR 5,441
12SAR 5,441SAR 0

Monthly Payment Composition

Interest: 59
Principal: 5382

MG GT 2023 1.5T LUX Car Loan Calculator FAQs in KSA

The car loan for the MG GT 2023 1.5T LUX in KSA typically covers the vehicle's price, allowing you to finance it over a specific period with interest.

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

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

Pay attention to the interest rate, loan term, monthly payments, and any additional fees that may apply.

Factors affecting the interest rate include your credit score, loan amount, loan term, and the bank's current lending policies.