MG HS 2024 2.0T Comfort Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 6,268
Down Payment
SAR 18,601
Total Cost
SAR 93,817
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 6,268 | SAR 68,948 |
| 2 | SAR 6,268 | SAR 62,680 |
| 3 | SAR 6,268 | SAR 56,412 |
| 4 | SAR 6,268 | SAR 50,144 |
| 5 | SAR 6,268 | SAR 43,876 |
| 6 | SAR 6,268 | SAR 37,608 |
| 7 | SAR 6,268 | SAR 31,340 |
| 8 | SAR 6,268 | SAR 25,072 |
| 9 | SAR 6,268 | SAR 18,804 |
| 10 | SAR 6,268 | SAR 12,536 |
| 11 | SAR 6,268 | SAR 6,268 |
| 12 | SAR 6,268 | SAR 0 |
Monthly Payment Composition
Interest: 68
Principal: 6200
MG HS 2024 2.0T Comfort Car Loan Calculator FAQs in KSA
The interest rate for car loans can vary based on the bank and the individual's credit profile, but it typically ranges from 3% to 6% in KSA.
You can apply for a car loan by visiting a bank branch, applying online, or through a car dealership that offers financing options.
Yes, taking a car loan will affect your credit score, as it adds to your credit history and affects your credit utilization ratio.
Typically, you will need to provide your ID, proof of income, bank statements, and details of the vehicle you wish to purchase.
Factors include your credit score, income level, existing debts, employment stability, and the value of the vehicle.
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