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MG T60 2024 2.0T LUX 4X2 (Gasoline) A/T Car Loan Calculator in KSA

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

select car *

car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 6,311

Down Payment

SAR 18,728

Total Cost

SAR 94,460

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 6,311SAR 69,421
2SAR 6,311SAR 63,110
3SAR 6,311SAR 56,799
4SAR 6,311SAR 50,488
5SAR 6,311SAR 44,177
6SAR 6,311SAR 37,866
7SAR 6,311SAR 31,555
8SAR 6,311SAR 25,244
9SAR 6,311SAR 18,933
10SAR 6,311SAR 12,622
11SAR 6,311SAR 6,311
12SAR 6,311SAR 0

Monthly Payment Composition

Interest: 69
Principal: 6242

MG T60 2024 2.0T LUX 4X2 (Gasoline) A/T Car Loan Calculator FAQs in KSA

The loan process typically involves applying for financing through a bank or financial institution, providing necessary documents such as proof of income and identification, and then waiting for approval.

Yes, applying for a loan can impact your credit score. Multiple inquiries can lower your score temporarily, but timely repayments can improve it.

Be aware of interest rates, loan terms, and any additional fees. It's important to read the fine print and understand the total cost of the loan.

Factors include your credit score, the loan amount, the term length, and prevailing market conditions.

Yes, typically you need to provide a copy of your ID, proof of income, bank statements, and sometimes, details about the vehicle.