Mitsubishi Attrage 2023 1.2 GLX HL Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 3,565
Down Payment
SAR 10,580
Total Cost
SAR 53,360
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 3,565 | SAR 39,215 |
| 2 | SAR 3,565 | SAR 35,650 |
| 3 | SAR 3,565 | SAR 32,085 |
| 4 | SAR 3,565 | SAR 28,520 |
| 5 | SAR 3,565 | SAR 24,955 |
| 6 | SAR 3,565 | SAR 21,390 |
| 7 | SAR 3,565 | SAR 17,825 |
| 8 | SAR 3,565 | SAR 14,260 |
| 9 | SAR 3,565 | SAR 10,695 |
| 10 | SAR 3,565 | SAR 7,130 |
| 11 | SAR 3,565 | SAR 3,565 |
| 12 | SAR 3,565 | SAR 0 |
Monthly Payment Composition
Interest: 39
Principal: 3526
Mitsubishi Attrage 2023 1.2 GLX HL Car Loan Calculator FAQs in KSA
To obtain a car loan for the Mitsubishi Attrage 2023 in KSA, you need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details about the car, then complete the loan application process.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rate, loan term, monthly payment amount, and any additional fees. Also, ensure you understand the loan terms and conditions.
You can calculate your monthly payment using the formula:P = [r * PV] / [1 - (1 + r)^-n], where P is the monthly payment, r is the monthly interest rate, PV is the loan amount, and n is the number of payments.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's current rates.
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