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MG5 1.5L CVT DEL 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 3,748

Down Payment

SAR 11,123

Total Cost

SAR 56,099

Car Loan Monthly Installments Schedule

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