HomeCar Loan Calculator

MG T60 2024 2.4L Comfort 4x2 (Gasoline) M/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 4,386

Down Payment

SAR 13,016

Total Cost

SAR 65,648

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,386SAR 48,246
2SAR 4,386SAR 43,860
3SAR 4,386SAR 39,474
4SAR 4,386SAR 35,088
5SAR 4,386SAR 30,702
6SAR 4,386SAR 26,316
7SAR 4,386SAR 21,930
8SAR 4,386SAR 17,544
9SAR 4,386SAR 13,158
10SAR 4,386SAR 8,772
11SAR 4,386SAR 4,386
12SAR 4,386SAR 0

Monthly Payment Composition

Interest: 48
Principal: 4338

MG T60 2024 2.4L Comfort 4x2 (Gasoline) M/T Car Loan Calculator FAQs in KSA

In KSA, financing options typically include bank loans, dealership financing, and leasing agreements. Each has different terms and conditions.

Taking a car loan can impact your credit score positively if you make regular payments, but late payments can negatively affect it.

Be aware of the interest rates, loan term, monthly payments, and additional fees. It's also important to compare offers from different lenders.

Factors include your credit score, the loan amount, the loan term, and the lender's policies. Economic conditions can also play a role.

Many lenders allow early repayment, but some may charge a prepayment penalty. Always check the loan agreement for specifics.