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MG Whale 2024 2.0T Comfort 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 7,063

Down Payment

SAR 20,960

Total Cost

SAR 105,716

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 7,063SAR 77,693
2SAR 7,063SAR 70,630
3SAR 7,063SAR 63,567
4SAR 7,063SAR 56,504
5SAR 7,063SAR 49,441
6SAR 7,063SAR 42,378
7SAR 7,063SAR 35,315
8SAR 7,063SAR 28,252
9SAR 7,063SAR 21,189
10SAR 7,063SAR 14,126
11SAR 7,063SAR 7,063
12SAR 7,063SAR 0

Monthly Payment Composition

Interest: 77
Principal: 6986

MG Whale 2024 2.0T Comfort Car Loan Calculator FAQs in KSA

The loan process typically involves selecting the vehicle, submitting necessary documents, completing the loan application, and awaiting approval from the bank.

Yes, taking out a loan can impact your credit score, especially if you fail to make timely payments.

You should consider your monthly budget, interest rates, loan terms, and your overall financial situation.

The average interest rate for car loans in KSA can range from 3% to 6%, depending on the bank and your credit profile.

Improving your credit score, providing a stable income proof, and having a good repayment history can enhance your chances.