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MG GT 2024 1.5T STD 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 4,313

Down Payment

SAR 12,800

Total Cost

SAR 64,556

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,313SAR 47,443
2SAR 4,313SAR 43,130
3SAR 4,313SAR 38,817
4SAR 4,313SAR 34,504
5SAR 4,313SAR 30,191
6SAR 4,313SAR 25,878
7SAR 4,313SAR 21,565
8SAR 4,313SAR 17,252
9SAR 4,313SAR 12,939
10SAR 4,313SAR 8,626
11SAR 4,313SAR 4,313
12SAR 4,313SAR 0

Monthly Payment Composition

Interest: 47
Principal: 4266

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

In KSA, you can consider options like bank loans, dealership financing, or leasing. Each option has different terms and interest rates.

You can apply for a car loan through your bank or financial institution by providing necessary documents like income proof, ID, and vehicle details.

Yes, taking a car loan can affect your credit score. A timely payment history can improve it, while missed payments can lower it.

Consider factors like your budget, interest rates, loan terms, and the total cost of ownership including insurance and maintenance.

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