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MG T60 2024 2.8L 4X2 (Diesel) Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,160

Down Payment

SAR 15,314

Total Cost

SAR 77,234

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,160	SAR 56,760
2	SAR 5,160	SAR 51,600
3	SAR 5,160	SAR 46,440
4	SAR 5,160	SAR 41,280
5	SAR 5,160	SAR 36,120
6	SAR 5,160	SAR 30,960
7	SAR 5,160	SAR 25,800
8	SAR 5,160	SAR 20,640
9	SAR 5,160	SAR 15,480
10	SAR 5,160	SAR 10,320
11	SAR 5,160	SAR 5,160
12	SAR 5,160	SAR 0

Monthly Payment Composition

Interest: 56

Principal: 5104

MG T60 2024 2.8L 4X2 (Diesel) Car Loan Calculator FAQs in KSA

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

Yes, taking a loan will impact your credit score. Timely payments can enhance your score, while missed payments can lower it.

Consider factors such as interest rates, loan tenure, monthly installments, processing fees, and your overall financial situation before applying for a car loan.

Interest rates for car loans in KSA can vary based on the bank, but they typically range from 3% to 6% for new vehicles like the MG T60.

If your loan is in a foreign currency, fluctuations in the exchange rate can affect the amount you repay. It's important to monitor these rates.