HomeCar Loan Calculator

MG T60 2024 2.4L Comfort 4X4 (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 4,809

Down Payment

SAR 14,269

Total Cost

SAR 71,977

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,809SAR 52,899
2SAR 4,809SAR 48,090
3SAR 4,809SAR 43,281
4SAR 4,809SAR 38,472
5SAR 4,809SAR 33,663
6SAR 4,809SAR 28,854
7SAR 4,809SAR 24,045
8SAR 4,809SAR 19,236
9SAR 4,809SAR 14,427
10SAR 4,809SAR 9,618
11SAR 4,809SAR 4,809
12SAR 4,809SAR 0

Monthly Payment Composition

Interest: 53
Principal: 4756

MG T60 2024 2.4L Comfort 4X4 (Gasoline) M/T Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and then signing the loan agreement.

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

Be aware of the interest rates, loan terms, your monthly payment ability, and any hidden fees.

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

Yes, you can negotiate the interest rate and terms with the lender before finalizing the loan.