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MG One 2023 1.5T LUX Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,545

Down Payment

SAR 19,423

Total Cost

SAR 97,963

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,545	SAR 71,995
2	SAR 6,545	SAR 65,450
3	SAR 6,545	SAR 58,905
4	SAR 6,545	SAR 52,360
5	SAR 6,545	SAR 45,815
6	SAR 6,545	SAR 39,270
7	SAR 6,545	SAR 32,725
8	SAR 6,545	SAR 26,180
9	SAR 6,545	SAR 19,635
10	SAR 6,545	SAR 13,090
11	SAR 6,545	SAR 6,545
12	SAR 6,545	SAR 0

Monthly Payment Composition

Interest: 71

Principal: 6474

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

The car loan process typically involves applying for a loan through a bank or financial institution, submitting required documents, and getting approval based on your credit score and income.

Yes, taking a loan can affect your credit score as it reflects your credit utilization and repayment history. It's important to manage your payments on time.

Consider your credit score, the loan interest rates, the loan term, your monthly budget, and the total cost of ownership including insurance and maintenance.

Interest rates for car loans in KSA usually range between 3% to 7%, depending on the bank and your credit profile.

You typically need to provide your ID, proof of income, bank statements, and details about the car you wish to purchase.