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MG ZS 2024 1.3T LUX Car Loan Calculator in KSA

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

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car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 5,391

Down Payment

SAR 15,997

Total Cost

SAR 80,689

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,391SAR 59,301
2SAR 5,391SAR 53,910
3SAR 5,391SAR 48,519
4SAR 5,391SAR 43,128
5SAR 5,391SAR 37,737
6SAR 5,391SAR 32,346
7SAR 5,391SAR 26,955
8SAR 5,391SAR 21,564
9SAR 5,391SAR 16,173
10SAR 5,391SAR 10,782
11SAR 5,391SAR 5,391
12SAR 5,391SAR 0

Monthly Payment Composition

Interest: 59
Principal: 5332

MG ZS 2024 1.3T LUX Car Loan Calculator FAQs in KSA

To obtain a car loan, you typically need to provide proof of income, identification, and possibly a down payment. Some banks may also require a good credit score.

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can harm your credit rating.

Factors that can affect your interest rate include your credit score, the loan term, and the lender's policies. Current market conditions also play a role.

Consider your monthly budget, the total cost of the loan, interest rates, and any additional fees that might apply. It's also wise to compare different lenders.

Yes, refinancing is possible if you find better terms or rates. However, ensure you understand any fees or penalties involved.