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MG RX8 2024 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 8,986

Down Payment

SAR 26,666

Total Cost

SAR 134,498

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 8,986SAR 98,846
2SAR 8,986SAR 89,860
3SAR 8,986SAR 80,874
4SAR 8,986SAR 71,888
5SAR 8,986SAR 62,902
6SAR 8,986SAR 53,916
7SAR 8,986SAR 44,930
8SAR 8,986SAR 35,944
9SAR 8,986SAR 26,958
10SAR 8,986SAR 17,972
11SAR 8,986SAR 8,986
12SAR 8,986SAR 0

Monthly Payment Composition

Interest: 98
Principal: 8888

MG RX8 2024 2.0T Black Edition (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose between bank loans, dealership financing, or leasing options for the MG RX8. Each option has its own terms and interest rates.

To apply for a car loan, you need to gather required documents such as your ID, proof of income, and bank statements, then submit your application to a bank or financial institution.

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

Consider the interest rates, loan term, monthly payments, and any additional fees before committing to a loan.

Factors include your credit score, loan amount, loan term, and current market conditions.