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MG ZS 2023 1.5L LUX 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 5,038

Down Payment

SAR 14,950

Total Cost

SAR 75,406

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,038SAR 55,418
2SAR 5,038SAR 50,380
3SAR 5,038SAR 45,342
4SAR 5,038SAR 40,304
5SAR 5,038SAR 35,266
6SAR 5,038SAR 30,228
7SAR 5,038SAR 25,190
8SAR 5,038SAR 20,152
9SAR 5,038SAR 15,114
10SAR 5,038SAR 10,076
11SAR 5,038SAR 5,038
12SAR 5,038SAR 0

Monthly Payment Composition

Interest: 55
Principal: 4983

MG ZS 2023 1.5L LUX Car Loan Calculator FAQs in KSA

The process typically involves submitting a loan application to a bank or financial institution, providing necessary documents such as identification, proof of income, and car details, and then awaiting approval.

Yes, applying for a car loan may impact your credit score temporarily due to the credit inquiry, but making timely payments can improve your score in the long run.

Factors include your credit score, the loan term, the bank’s policies, and the overall economic conditions in KSA.

You will typically need to provide a valid ID, proof of income, proof of residence, and details about the vehicle you wish to purchase.

Yes, some lenders may charge processing fees, insurance fees, or prepayment penalties, so it's important to read the loan agreement carefully.