What are the common loan terms for purchasing a Mitsubishi Xpander 2023 1.5L HL in KSA?

Common loan terms typically range from 12 to 60 months with interest rates varying between 3% to 7%.

How can I apply for a car loan for the Mitsubishi Xpander in KSA?

You can apply for a car loan through banks or financial institutions by providing necessary documents like income proof, identity verification, and vehicle details.

Will taking a car loan affect my credit score in KSA?

Yes, taking a car loan can impact your credit score, especially if you miss payments or default on the loan.

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

Consider factors such as the interest rate, loan term, monthly payments, and your overall financial situation.

What are the main factors that can affect the loan interest rate in KSA?

Factors include your credit score, loan amount, repayment term, and prevailing economic conditions.

CarteaCar Loan Calculator

Mitsubishi Xpander 2023 1.5L HL Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

Monthly Payment

SAR 5,348

Down Payment

SAR 15,870

Total Cost

SAR 80,046

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,348	SAR 58,828
2	SAR 5,348	SAR 53,480
3	SAR 5,348	SAR 48,132
4	SAR 5,348	SAR 42,784
5	SAR 5,348	SAR 37,436
6	SAR 5,348	SAR 32,088
7	SAR 5,348	SAR 26,740
8	SAR 5,348	SAR 21,392
9	SAR 5,348	SAR 16,044
10	SAR 5,348	SAR 10,696
11	SAR 5,348	SAR 5,348
12	SAR 5,348	SAR 0

Monthly Payment Composition

Interest: 58

Principal: 5290

Mitsubishi Xpander 2023 1.5L HL Car Loan Calculator FAQs in KSA

Common loan terms typically range from 12 to 60 months with interest rates varying between 3% to 7%.
You can apply for a car loan through banks or financial institutions by providing necessary documents like income proof, identity verification, and vehicle details.
Yes, taking a car loan can impact your credit score, especially if you miss payments or default on the loan.
Consider factors such as the interest rate, loan term, monthly payments, and your overall financial situation.
Factors include your credit score, loan amount, repayment term, and prevailing economic conditions.