What is the process for applying for a car loan for a PATROL LE T1 in KSA?

The process typically involves filling out a loan application, providing necessary documents such as proof of income and identity, and waiting for the bank's approval.

Will taking a car loan affect my credit score?

Yes, applying for and taking a car loan can impact your credit score, especially if payments are missed.

What factors affect the interest rates for a car loan in KSA?

Factors include your credit score, the loan amount, the loan term, and current market conditions.

What should I consider before taking a car loan for a PATROL LE T1?

Consider the total cost of the loan, your monthly budget, and the terms of the loan agreement.

Are there any specific requirements for financing a PATROL LE T1 in KSA?

Yes, you typically need to provide proof of income, residency, and identification, as well as meet the bank's eligibility criteria.

CarteaCar Loan Calculator

PATROL LE T1 Car Loan Calculator in KSA

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

Monthly Payment

SAR 20,757

Down Payment

SAR 61,600

Total Cost

SAR 310,684

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 20,757	SAR 228,327
2	SAR 20,757	SAR 207,570
3	SAR 20,757	SAR 186,813
4	SAR 20,757	SAR 166,056
5	SAR 20,757	SAR 145,299
6	SAR 20,757	SAR 124,542
7	SAR 20,757	SAR 103,785
8	SAR 20,757	SAR 83,028
9	SAR 20,757	SAR 62,271
10	SAR 20,757	SAR 41,514
11	SAR 20,757	SAR 20,757
12	SAR 20,757	SAR 0

Monthly Payment Composition

Interest: 224

Principal: 20533

PATROL LE T1 Car Loan Calculator FAQs in KSA

The process typically involves filling out a loan application, providing necessary documents such as proof of income and identity, and waiting for the bank's approval.
Yes, applying for and taking a car loan can impact your credit score, especially if payments are missed.
Factors include your credit score, the loan amount, the loan term, and current market conditions.
Consider the total cost of the loan, your monthly budget, and the terms of the loan agreement.
Yes, you typically need to provide proof of income, residency, and identification, as well as meet the bank's eligibility criteria.