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Mitsubishi L200 2023 2.5L Single Cab GL (2WD) 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 4,650

Down Payment

SAR 13,800

Total Cost

SAR 69,600

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,650SAR 51,150
2SAR 4,650SAR 46,500
3SAR 4,650SAR 41,850
4SAR 4,650SAR 37,200
5SAR 4,650SAR 32,550
6SAR 4,650SAR 27,900
7SAR 4,650SAR 23,250
8SAR 4,650SAR 18,600
9SAR 4,650SAR 13,950
10SAR 4,650SAR 9,300
11SAR 4,650SAR 4,650
12SAR 4,650SAR 0

Monthly Payment Composition

Interest: 50
Principal: 4600

Mitsubishi L200 2023 2.5L Single Cab GL (2WD) Car Loan Calculator FAQs in KSA

The financing process typically involves applying for a loan with a bank or financial institution, providing necessary documentation, and once approved, signing a loan agreement to purchase the vehicle.

Yes, taking out a loan will initially impact your credit score as it adds to your debt, but with timely payments, it can improve your credit history over time.

You should be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan over time. Understanding your budget and repayment capacity is also crucial.

Factors include your credit score, the amount of down payment, loan term, and current market conditions. Lenders may also consider your income and employment history.

Yes, you can negotiate the terms of your car loan, including interest rates and loan terms, especially if you have a strong credit history or if you are a loyal customer of the bank.