What is the loan process for purchasing a Nissan Xterra 2022 2.5L Platinum (4WD) in KSA?

To purchase a Nissan Xterra 2022 on loan in KSA, you typically need to visit a bank or a financing company, provide required documents such as income proof, and complete a loan application. The bank will evaluate your creditworthiness and offer a loan amount and terms.

Will taking out a loan affect my credit score?

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.

What are the key factors to consider when applying for a car loan?

Key factors include your credit score, the loan interest rate, the loan term, down payment amount, and your overall financial situation.

How do interest rates on car loans in KSA vary?

Interest rates on car loans in KSA can vary based on factors such as your credit score, the bank's policies, and the loan amount. It's advisable to compare offers from different banks.

What documents are typically required to apply for a car loan?

Typically, you will need to provide your identification (ID), proof of income (such as salary slips), bank statements, and information about the car you wish to purchase.

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Nissan Xterra 2022 2.5L Platinum (4WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,178

Down Payment

SAR 24,270

Total Cost

SAR 122,406

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,178	SAR 89,958
2	SAR 8,178	SAR 81,780
3	SAR 8,178	SAR 73,602
4	SAR 8,178	SAR 65,424
5	SAR 8,178	SAR 57,246
6	SAR 8,178	SAR 49,068
7	SAR 8,178	SAR 40,890
8	SAR 8,178	SAR 32,712
9	SAR 8,178	SAR 24,534
10	SAR 8,178	SAR 16,356
11	SAR 8,178	SAR 8,178
12	SAR 8,178	SAR 0

Monthly Payment Composition

Interest: 89

Principal: 8089

Nissan Xterra 2022 2.5L Platinum (4WD) Car Loan Calculator FAQs in KSA

To purchase a Nissan Xterra 2022 on loan in KSA, you typically need to visit a bank or a financing company, provide required documents such as income proof, and complete a loan application. The bank will evaluate your creditworthiness and offer a loan amount and terms.
Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.
Key factors include your credit score, the loan interest rate, the loan term, down payment amount, and your overall financial situation.
Interest rates on car loans in KSA can vary based on factors such as your credit score, the bank's policies, and the loan amount. It's advisable to compare offers from different banks.
Typically, you will need to provide your identification (ID), proof of income (such as salary slips), bank statements, and information about the car you wish to purchase.