What are the requirements to apply for a loan to purchase a Mitsubishi Attrage 2024 1.2 GLX HL in KSA?

To apply for a loan, you typically need proof of income, a valid ID, and possibly a credit history. Additionally, the bank may require a down payment.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can affect your credit score positively if you make timely payments, but missing payments can lead to a decrease in your score.

What factors influence the interest rate on a Mitsubishi Attrage loan in KSA?

Factors include your credit score, the loan amount, the loan term, and the current market conditions.

What should I consider before applying for a car loan in KSA?

Consider your budget, the total cost of the loan (including interest), and your ability to make monthly payments.

Is it possible to refinance my Mitsubishi Attrage loan in KSA?

Yes, refinancing is possible in KSA. It can help you secure a lower interest rate or change the loan term.

CarteaCar Loan Calculator

Mitsubishi Attrage 2024 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 3,643

Down Payment

SAR 10,810

Total Cost

SAR 54,526

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,643	SAR 40,073
2	SAR 3,643	SAR 36,430
3	SAR 3,643	SAR 32,787
4	SAR 3,643	SAR 29,144
5	SAR 3,643	SAR 25,501
6	SAR 3,643	SAR 21,858
7	SAR 3,643	SAR 18,215
8	SAR 3,643	SAR 14,572
9	SAR 3,643	SAR 10,929
10	SAR 3,643	SAR 7,286
11	SAR 3,643	SAR 3,643
12	SAR 3,643	SAR 0

Monthly Payment Composition

Interest: 40

Principal: 3603

Mitsubishi Attrage 2024 1.2 GLX HL Car Loan Calculator FAQs in KSA

To apply for a loan, you typically need proof of income, a valid ID, and possibly a credit history. Additionally, the bank may require a down payment.
Taking a car loan can affect your credit score positively if you make timely payments, but missing payments can lead to a decrease in your score.
Factors include your credit score, the loan amount, the loan term, and the current market conditions.
Consider your budget, the total cost of the loan (including interest), and your ability to make monthly payments.
Yes, refinancing is possible in KSA. It can help you secure a lower interest rate or change the loan term.