CarteaCar Loan Calculator

Peugeot 508 2019 1.6T GT Line Car Loan Calculator in KSA

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

select car *

car price (SAR)*

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

Monthly Payment

SAR 8,418

Down Payment

SAR 24,980

Total Cost

SAR 125,996

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 8,418SAR 92,598
2SAR 8,418SAR 84,180
3SAR 8,418SAR 75,762
4SAR 8,418SAR 67,344
5SAR 8,418SAR 58,926
6SAR 8,418SAR 50,508
7SAR 8,418SAR 42,090
8SAR 8,418SAR 33,672
9SAR 8,418SAR 25,254
10SAR 8,418SAR 16,836
11SAR 8,418SAR 8,418
12SAR 8,418SAR 0

Monthly Payment Composition

Interest: 92
Principal: 8326

Peugeot 508 2019 1.6T GT Line Car Loan Calculator FAQs in KSA

  • In KSA, you can choose from various financing options such as conventional loans, Islamic financing, and leasing. Each option has different terms and conditions, so it's important to compare them.
  • To apply for a car loan, you need to visit a bank or a financial institution, provide necessary documents such as your ID, proof of income, and details about the vehicle. The bank will assess your application and provide you with loan options.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it. Always ensure you can manage the loan repayments before committing.
  • When applying for a car loan, consider the interest rate, loan tenure, monthly payment amounts, and any additional fees. Make sure to read the terms and conditions carefully.
  • Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the lender's policies. A higher credit score usually results in lower interest rates.