

MG One 2023 1.5T STD Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 5,848
Down Payment
SAR 17,353
Total Cost
SAR 87,529
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | SAR 5,848 | SAR 64,328 |
2 | SAR 5,848 | SAR 58,480 |
3 | SAR 5,848 | SAR 52,632 |
4 | SAR 5,848 | SAR 46,784 |
5 | SAR 5,848 | SAR 40,936 |
6 | SAR 5,848 | SAR 35,088 |
7 | SAR 5,848 | SAR 29,240 |
8 | SAR 5,848 | SAR 23,392 |
9 | SAR 5,848 | SAR 17,544 |
10 | SAR 5,848 | SAR 11,696 |
11 | SAR 5,848 | SAR 5,848 |
12 | SAR 5,848 | SAR 0 |
Monthly Payment Composition
Interest: 64
Principal: 5784
MG One 2023 1.5T STD Car Loan Calculator FAQs in KSA
The car loan for MG One 2023 1.5T STD in KSA is a financing option provided by banks to help you purchase this vehicle. It usually covers a percentage of the car's price, which you repay in installments over a set period.
You can apply for a car loan by visiting a bank or financial institution, filling out an application form, and providing necessary documents such as proof of income, identification, and details about the car.
Yes, taking a loan can impact your credit score. It can improve your score if you make timely payments, but missed or late payments can negatively affect it.
You should be aware of the interest rates, loan tenure, monthly installments, and any additional fees associated with the loan. It's also important to compare offers from different banks.
Factors affecting the loan interest rate include your credit score, loan amount, loan tenure, and current market conditions. Banks may offer better rates to borrowers with higher credit scores.
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