CarteaCar Loan Calculator

MG5 1.5L CVT DEL Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,748

Down Payment

SAR 11,123

Total Cost

SAR 56,099

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,748	SAR 41,228
2	SAR 3,748	SAR 37,480
3	SAR 3,748	SAR 33,732
4	SAR 3,748	SAR 29,984
5	SAR 3,748	SAR 26,236
6	SAR 3,748	SAR 22,488
7	SAR 3,748	SAR 18,740
8	SAR 3,748	SAR 14,992
9	SAR 3,748	SAR 11,244
10	SAR 3,748	SAR 7,496
11	SAR 3,748	SAR 3,748
12	SAR 3,748	SAR 0

Monthly Payment Composition

Interest: 41

Principal: 3707

MG5 1.5L CVT DEL Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for the loan through a bank or financial institution, providing necessary documentation, and then signing the loan agreement.

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

Be aware of the interest rates, loan terms, fees, and your ability to make monthly payments before signing the agreement.

Factors include your credit score, the loan amount, the loan term, and the overall economic conditions.

Yes, you typically need to provide proof of income, identification, residency, and details about the vehicle.