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MG RX8 2023 2.0T Black Edition (AWD) 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 *
%
Loan Period (years) *
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interest rate *
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calculate

Monthly Payment

SAR 9,014

Down Payment

SAR 26,749

Total Cost

SAR 134,917

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 9,014SAR 99,154
2SAR 9,014SAR 90,140
3SAR 9,014SAR 81,126
4SAR 9,014SAR 72,112
5SAR 9,014SAR 63,098
6SAR 9,014SAR 54,084
7SAR 9,014SAR 45,070
8SAR 9,014SAR 36,056
9SAR 9,014SAR 27,042
10SAR 9,014SAR 18,028
11SAR 9,014SAR 9,014
12SAR 9,014SAR 0

Monthly Payment Composition

Interest: 98
Principal: 8916

MG RX8 2023 2.0T Black Edition (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from several financing options such as bank loans, dealership financing, or personal loans. Each has its own terms and interest rates.

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents like your ID, proof of income, and details about the car.

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

Consider the total cost of the loan, interest rates, repayment terms, your monthly budget, and whether you can afford the monthly payments.

Factors include your credit score, the loan amount, the term of the loan, the lender's policies, and current market conditions.