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MG One 2023 1.5T Fashionable Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,235

Down Payment

SAR 18,503

Total Cost

SAR 93,323

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,235	SAR 68,585
2	SAR 6,235	SAR 62,350
3	SAR 6,235	SAR 56,115
4	SAR 6,235	SAR 49,880
5	SAR 6,235	SAR 43,645
6	SAR 6,235	SAR 37,410
7	SAR 6,235	SAR 31,175
8	SAR 6,235	SAR 24,940
9	SAR 6,235	SAR 18,705
10	SAR 6,235	SAR 12,470
11	SAR 6,235	SAR 6,235
12	SAR 6,235	SAR 0

Monthly Payment Composition

Interest: 68

Principal: 6167

MG One 2023 1.5T Fashionable Car Loan Calculator FAQs in KSA

The car loan process generally involves applying for a loan at a bank or financial institution, providing necessary documents, and then getting approval based on your credit history and income.

Taking a loan may impact your credit score positively if you make timely payments, but missing payments can negatively affect it.

Be aware of the interest rates, loan terms, any additional fees, and your ability to meet the monthly payments before applying.

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

Yes, eligibility typically includes having a steady income, being of legal age, and a good credit history.