MG Whale 2024 2.0T Comfort Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 7,063
Down Payment
SAR 20,960
Total Cost
SAR 105,716
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 7,063 | SAR 77,693 |
| 2 | SAR 7,063 | SAR 70,630 |
| 3 | SAR 7,063 | SAR 63,567 |
| 4 | SAR 7,063 | SAR 56,504 |
| 5 | SAR 7,063 | SAR 49,441 |
| 6 | SAR 7,063 | SAR 42,378 |
| 7 | SAR 7,063 | SAR 35,315 |
| 8 | SAR 7,063 | SAR 28,252 |
| 9 | SAR 7,063 | SAR 21,189 |
| 10 | SAR 7,063 | SAR 14,126 |
| 11 | SAR 7,063 | SAR 7,063 |
| 12 | SAR 7,063 | SAR 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.
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