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MG RX5 2024 1.5T LUX Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,648

Down Payment

SAR 19,730

Total Cost

SAR 99,506

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,648	SAR 73,128
2	SAR 6,648	SAR 66,480
3	SAR 6,648	SAR 59,832
4	SAR 6,648	SAR 53,184
5	SAR 6,648	SAR 46,536
6	SAR 6,648	SAR 39,888
7	SAR 6,648	SAR 33,240
8	SAR 6,648	SAR 26,592
9	SAR 6,648	SAR 19,944
10	SAR 6,648	SAR 13,296
11	SAR 6,648	SAR 6,648
12	SAR 6,648	SAR 0

Monthly Payment Composition

Interest: 72

Principal: 6576

MG RX5 2024 1.5T LUX Car Loan Calculator FAQs in KSA

The loan process typically involves selecting the car, applying for a loan through a bank or financial institution, providing necessary documents, and then the bank assessing your application before approving the loan.

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

You should be aware of the interest rates, loan terms, any additional fees, and whether the loan is secured or unsecured.

Factors include your credit score, income level, loan amount, loan term, and current market interest rates.

Yes, you can refinance your car loan if you find a better interest rate or terms that suit you better, which can potentially lower your monthly payments.