CarteaCar Loan Calculator

MG ZS 2023 1.5L STD Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,279

Down Payment

SAR 12,698

Total Cost

SAR 64,046

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,279	SAR 47,069
2	SAR 4,279	SAR 42,790
3	SAR 4,279	SAR 38,511
4	SAR 4,279	SAR 34,232
5	SAR 4,279	SAR 29,953
6	SAR 4,279	SAR 25,674
7	SAR 4,279	SAR 21,395
8	SAR 4,279	SAR 17,116
9	SAR 4,279	SAR 12,837
10	SAR 4,279	SAR 8,558
11	SAR 4,279	SAR 4,279
12	SAR 4,279	SAR 0

Monthly Payment Composition

Interest: 47

Principal: 4232

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

The car loan process typically involves choosing the vehicle, applying for a loan with a bank or financing company, providing necessary documents, and signing the loan agreement after approval.

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

Consider your budget, loan interest rates, loan terms, and your ability to make monthly payments when applying for a car loan.

Interest rates for car loans in KSA can vary based on the bank and your credit profile, but they generally range from 4% to 7%.

Typically, you will need a valid ID, proof of income, bank statements, and details about the vehicle you wish to purchase.