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MG HS 2023 2.0T Luxury (AWD) 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) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 7,130

Down Payment

SAR 21,160

Total Cost

SAR 106,720

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 7,130SAR 78,430
2SAR 7,130SAR 71,300
3SAR 7,130SAR 64,170
4SAR 7,130SAR 57,040
5SAR 7,130SAR 49,910
6SAR 7,130SAR 42,780
7SAR 7,130SAR 35,650
8SAR 7,130SAR 28,520
9SAR 7,130SAR 21,390
10SAR 7,130SAR 14,260
11SAR 7,130SAR 7,130
12SAR 7,130SAR 0

Monthly Payment Composition

Interest: 77
Principal: 7053

MG HS 2023 2.0T Luxury (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose between various banks and financial institutions that offer installment loans, leasing options, and personal loans specifically for vehicle purchases.

Yes, applying for a car loan can impact your credit score as lenders will perform a hard inquiry on your credit report. However, timely payments can improve your score.

Consider the interest rate, loan term, monthly payments, and your budget. Also, check for any hidden fees and the total cost of the loan.

Factors include your credit score, loan amount, loan term, and the lender's policies. Economic conditions can also play a role.

It depends on the lender's policy. Some lenders allow early repayment without penalties, while others may charge a fee. Always check the terms before signing.