HomeCar Loan Calculator

MG RX5 2024 1.5T DEL (Red Interior) 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 6,586

Down Payment

SAR 19,546

Total Cost

SAR 98,578

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 6,586SAR 72,446
2SAR 6,586SAR 65,860
3SAR 6,586SAR 59,274
4SAR 6,586SAR 52,688
5SAR 6,586SAR 46,102
6SAR 6,586SAR 39,516
7SAR 6,586SAR 32,930
8SAR 6,586SAR 26,344
9SAR 6,586SAR 19,758
10SAR 6,586SAR 13,172
11SAR 6,586SAR 6,586
12SAR 6,586SAR 0

Monthly Payment Composition

Interest: 71
Principal: 6515

MG RX5 2024 1.5T DEL (Red Interior) Car Loan Calculator FAQs in KSA

To obtain a car loan for the MG RX5 2024, you need to visit a bank or financial institution, submit your identification and income documents, fill out a loan application, and provide details about the vehicle. Once approved, you will receive the loan amount.

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

Consider your budget, interest rates, loan terms, your ability to make monthly payments, and whether any additional fees apply.

Factors include your credit score, the loan amount, the loan term, prevailing market rates, and your income level.

Many banks and dealerships offer special financing deals and promotions. It’s best to check with local banks or the dealership for current offers.