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MG RX5 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 6,348

Down Payment

SAR 18,837

Total Cost

SAR 95,013

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,348	SAR 69,828
2	SAR 6,348	SAR 63,480
3	SAR 6,348	SAR 57,132
4	SAR 6,348	SAR 50,784
5	SAR 6,348	SAR 44,436
6	SAR 6,348	SAR 38,088
7	SAR 6,348	SAR 31,740
8	SAR 6,348	SAR 25,392
9	SAR 6,348	SAR 19,044
10	SAR 6,348	SAR 12,696
11	SAR 6,348	SAR 6,348
12	SAR 6,348	SAR 0

Monthly Payment Composition

Interest: 69

Principal: 6279

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

The car loan process typically involves selecting a bank, submitting required documents, filling out a loan application, and then waiting for approval. Once approved, you can finalize the purchase.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

Consider your credit score, the interest rate offered, the loan term, and any additional fees or insurance required.

Interest rates for car loans in KSA typically range from 3% to 7%, depending on the bank and your creditworthiness.

Yes, you typically need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.