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MG RX8 2023 2.0T Comfort (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 7,704

Down Payment

SAR 22,862

Total Cost

SAR 115,310

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 7,704SAR 84,744
2SAR 7,704SAR 77,040
3SAR 7,704SAR 69,336
4SAR 7,704SAR 61,632
5SAR 7,704SAR 53,928
6SAR 7,704SAR 46,224
7SAR 7,704SAR 38,520
8SAR 7,704SAR 30,816
9SAR 7,704SAR 23,112
10SAR 7,704SAR 15,408
11SAR 7,704SAR 7,704
12SAR 7,704SAR 0

Monthly Payment Composition

Interest: 84
Principal: 7620

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

In KSA, you can opt for bank loans, car dealership financing, or personal loans to purchase the MG RX8 2023. Each option has different interest rates and terms.

Taking a loan can impact your credit score positively if you make timely payments. However, missing payments or defaulting can lower your score significantly.

You should check the interest rates, loan terms, and any additional fees. Also, ensure that you understand the total cost of the loan over its duration.

Factors include your credit score, the loan amount, the loan term, and current market conditions. Lenders will assess these to determine your interest rate.

Many lenders allow early repayment, but some may charge a prepayment penalty. It's essential to check the loan agreement for specific terms.