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Mitsubishi Eclipse Cross 2023 1.5T GLS Highline Diamonde 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 7,750

Down Payment

SAR 23,000

Total Cost

SAR 116,000

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 7,750SAR 85,250
2SAR 7,750SAR 77,500
3SAR 7,750SAR 69,750
4SAR 7,750SAR 62,000
5SAR 7,750SAR 54,250
6SAR 7,750SAR 46,500
7SAR 7,750SAR 38,750
8SAR 7,750SAR 31,000
9SAR 7,750SAR 23,250
10SAR 7,750SAR 15,500
11SAR 7,750SAR 7,750
12SAR 7,750SAR 0

Monthly Payment Composition

Interest: 84
Principal: 7666

Mitsubishi Eclipse Cross 2023 1.5T GLS Highline Diamonde Car Loan Calculator FAQs in KSA

The financing process typically involves filling out a loan application, providing necessary documents such as identification and income proof, and then the bank will evaluate your creditworthiness before offering a loan.

Yes, taking a loan can affect your credit score as it increases your credit utilization ratio and may involve a hard inquiry on your credit report.

Consider your credit score, the interest rates offered by different banks, the loan tenure, and any additional fees or insurance required.

Interest rates for car loans in KSA typically range from 3% to 6%, depending on the bank and the borrower's credit profile.

You typically need to provide a copy of your ID, proof of income, bank statements, and sometimes a credit report.