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Nissan Altima 2023 2.5 SV Car Loan Calculator in KSA

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

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car price (SAR)*

down payment *
%
Loan Period (years) *
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interest rate *
%
calculate

Monthly Payment

SAR 8,316

Down Payment

SAR 24,677

Total Cost

SAR 124,469

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 8,316SAR 91,476
2SAR 8,316SAR 83,160
3SAR 8,316SAR 74,844
4SAR 8,316SAR 66,528
5SAR 8,316SAR 58,212
6SAR 8,316SAR 49,896
7SAR 8,316SAR 41,580
8SAR 8,316SAR 33,264
9SAR 8,316SAR 24,948
10SAR 8,316SAR 16,632
11SAR 8,316SAR 8,316
12SAR 8,316SAR 0

Monthly Payment Composition

Interest: 91
Principal: 8225

Nissan Altima 2023 2.5 SV Car Loan Calculator FAQs in KSA

To obtain a car loan for a Nissan Altima 2023 2.5 SV in KSA, you typically need to provide your income proof, identification, and details of the vehicle. The bank will assess your credit history and financial stability before approving the loan.

Yes, taking out a loan can affect your credit score. When you apply for a loan, the bank will conduct a credit inquiry which may temporarily lower your score. However, timely payments can improve your score over time.

When applying for a car loan, consider the interest rate, loan term, your monthly budget, and any additional fees. It's also important to compare offers from different banks to find the best deal.

The loan interest rate directly affects your monthly payment amount. A higher interest rate means higher payments, while a lower interest rate can reduce your total payable amount over the loan term.

Yes, you typically need to provide identification (such as a Saudi ID or Iqama), proof of income (like salary slips or bank statements), and details of the vehicle you wish to purchase.