What is the car loan process for purchasing a Nissan Xterra 2021 2.5L Titanium (2WD) in KSA?

The car loan process typically involves selecting the vehicle, submitting a loan application with required documents, getting approval from the bank, and then finalizing the purchase.

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

A car loan can affect your credit score positively if you make timely payments, but late payments can negatively impact it.

What are the interest rates for car loans in KSA for a Nissan Xterra?

Interest rates for car loans in KSA can vary based on the bank and the borrower's credit history. Generally, rates may range from 3% to 6%.

What documents are required for a car loan application in KSA?

Common documents required include a valid ID, proof of income, bank statements, and sometimes a credit report.

What factors can affect the loan approval process for a Nissan Xterra in KSA?

Factors include your credit score, income level, existing debts, and the amount of down payment you can provide.

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Nissan Xterra 2021 2.5L Titanium (2WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,515

Down Payment

SAR 22,300

Total Cost

SAR 112,480

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,515	SAR 82,665
2	SAR 7,515	SAR 75,150
3	SAR 7,515	SAR 67,635
4	SAR 7,515	SAR 60,120
5	SAR 7,515	SAR 52,605
6	SAR 7,515	SAR 45,090
7	SAR 7,515	SAR 37,575
8	SAR 7,515	SAR 30,060
9	SAR 7,515	SAR 22,545
10	SAR 7,515	SAR 15,030
11	SAR 7,515	SAR 7,515
12	SAR 7,515	SAR 0

Monthly Payment Composition

Interest: 82

Principal: 7433

Nissan Xterra 2021 2.5L Titanium (2WD) Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, submitting a loan application with required documents, getting approval from the bank, and then finalizing the purchase.
A car loan can affect your credit score positively if you make timely payments, but late payments can negatively impact it.
Interest rates for car loans in KSA can vary based on the bank and the borrower's credit history. Generally, rates may range from 3% to 6%.
Common documents required include a valid ID, proof of income, bank statements, and sometimes a credit report.
Factors include your credit score, income level, existing debts, and the amount of down payment you can provide.