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MG One 2024 1.5T STD Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,614

Down Payment

SAR 16,659

Total Cost

SAR 84,027

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,614	SAR 61,754
2	SAR 5,614	SAR 56,140
3	SAR 5,614	SAR 50,526
4	SAR 5,614	SAR 44,912
5	SAR 5,614	SAR 39,298
6	SAR 5,614	SAR 33,684
7	SAR 5,614	SAR 28,070
8	SAR 5,614	SAR 22,456
9	SAR 5,614	SAR 16,842
10	SAR 5,614	SAR 11,228
11	SAR 5,614	SAR 5,614
12	SAR 5,614	SAR 0

Monthly Payment Composition

Interest: 61

Principal: 5553

MG One 2024 1.5T STD Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as conventional loans, Islamic financing, or leasing agreements tailored for the MG One 2024 1.5T STD.

To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as income proof, ID, and the vehicle details, and fill out a loan application form.

Yes, taking out a loan can affect your credit score. On-time payments can improve your score, while missed payments can lower it.

Consider the interest rate, loan term, monthly payments, total cost of the loan, and your ability to repay the loan before making a decision.

Factors affecting the interest rate include your credit score, loan amount, loan term, market conditions, and the lender's policies.