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MG RX5 2024 1.5T STD Car Loan Calculator in KSA

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

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car price (SAR)*

down payment *
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Loan Period (years) *
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interest rate *
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Monthly Payment

SAR 5,955

Down Payment

SAR 17,671

Total Cost

SAR 89,131

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,955SAR 65,505
2SAR 5,955SAR 59,550
3SAR 5,955SAR 53,595
4SAR 5,955SAR 47,640
5SAR 5,955SAR 41,685
6SAR 5,955SAR 35,730
7SAR 5,955SAR 29,775
8SAR 5,955SAR 23,820
9SAR 5,955SAR 17,865
10SAR 5,955SAR 11,910
11SAR 5,955SAR 5,955
12SAR 5,955SAR 0

Monthly Payment Composition

Interest: 65
Principal: 5890

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

The car loan for MG RX5 2024 1.5T STD in KSA is a financial product offered by banks allowing you to finance the purchase of the vehicle, typically with flexible repayment terms.

To apply for a car loan, you need to visit a bank branch or apply online, providing necessary documents such as your ID, proof of income, and details of the car.

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

You should pay attention to the interest rate, loan term, monthly payments, and any additional fees associated with the loan.

Factors that influence the interest rate include your credit score, the loan amount, the duration of the loan, and the bank's policies.