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MG GT 2024 1.5T LUX Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,441

Down Payment

SAR 16,146

Total Cost

SAR 81,438

Car Loan Monthly Installments Schedule

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

Monthly Payment Composition

Interest: 59

Principal: 5382

MG GT 2024 1.5T LUX Car Loan Calculator FAQs in KSA

The auto loan process typically involves selecting a bank, applying for the loan, providing necessary documents, and receiving approval before finalizing the purchase.

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

Factors include your credit score, the loan amount, the term length, and the current economic conditions.

You typically need to provide your ID, proof of income, bank statements, and a credit report.

Yes, there may be processing fees, insurance costs, and early repayment penalties depending on the bank's policies.