CarteaCar Loan Calculator

MG HS 2024 1.5T COM (PHEV) 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car Price-
Down PaymentSAR 26,163
  • Monthly PaymentSAR 104,825
  • Total CostSAR 130,988
  • Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 104,825SAR 0

Car Finance Recommendation

Our Partnered Bank

  • In-house Team
  • Low Interset Rate
  • High Approval Rate

MG HS 2024 1.5T COM (PHEV) Car Loan Calculator FAQs in KSA

  • To obtain a car loan for the MG HS 2024, you will need to approach a bank or financial institution, provide necessary documents (such as identification, income proof, and credit history) and fill out a loan application. The bank will then assess your eligibility based on these factors.
  • Yes, taking out a loan can impact your credit score. Initially, it may cause a slight decrease due to the hard inquiry made by the lender, but consistent timely payments can improve your score over time.
  • Consider the interest rates, loan term, monthly payments, and any additional fees or insurance requirements. It's also important to compare offers from different banks to get the best deal.
  • Interest rates for car loans in KSA typically range from 3% to 7% per annum, depending on the bank and your credit profile. It's advisable to shop around for the best rates.
  • You will typically need to provide a copy of your ID, proof of income (like salary slips), bank statements, and your credit report. Some banks may require additional documentation.