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MG RX5 2023 1.5T COM Car Loan Calculator in KSA

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

select car *

car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 6,139

Down Payment

SAR 18,218

Total Cost

SAR 91,886

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 6,139SAR 67,529
2SAR 6,139SAR 61,390
3SAR 6,139SAR 55,251
4SAR 6,139SAR 49,112
5SAR 6,139SAR 42,973
6SAR 6,139SAR 36,834
7SAR 6,139SAR 30,695
8SAR 6,139SAR 24,556
9SAR 6,139SAR 18,417
10SAR 6,139SAR 12,278
11SAR 6,139SAR 6,139
12SAR 6,139SAR 0

Monthly Payment Composition

Interest: 67
Principal: 6072

MG RX5 2023 1.5T COM Car Loan Calculator FAQs in KSA

In KSA, you can choose from several loan options, including personal loans, auto loans, and leasing options specifically designed for vehicle purchases.

Taking a car loan can impact your credit score positively or negatively, depending on your repayment history. Timely payments can improve your score, while missed payments can lower it.

Typically, you will need to provide identification, proof of income, residency, and details about the vehicle you intend to purchase.

The interest rate on your car loan can be influenced by factors such as your credit score, loan term, the lender's policies, and the current market conditions.

Yes, borrowers should be aware of potential hidden fees such as processing fees, early repayment penalties, and insurance costs that may not be included in the initial loan agreement.