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Peugeot 508 2023 1.6T GT Line 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) *
Y
interest rate *
%
calculate

Monthly Payment

SAR 11,470

Down Payment

SAR 34,040

Total Cost

SAR 171,680

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 11,470SAR 126,170
2SAR 11,470SAR 114,700
3SAR 11,470SAR 103,230
4SAR 11,470SAR 91,760
5SAR 11,470SAR 80,290
6SAR 11,470SAR 68,820
7SAR 11,470SAR 57,350
8SAR 11,470SAR 45,880
9SAR 11,470SAR 34,410
10SAR 11,470SAR 22,940
11SAR 11,470SAR 11,470
12SAR 11,470SAR 0

Monthly Payment Composition

Interest: 124
Principal: 11346

Peugeot 508 2023 1.6T GT Line Car Loan Calculator FAQs in KSA

In KSA, you can opt for various financing options such as traditional bank loans, leasing agreements, or financing through the dealership. It's advisable to compare the terms and interest rates before making a decision.

Taking a loan can affect your credit score positively if you make timely payments. However, missing payments can lead to a decrease in your score. It's important to manage your loan responsibly.

When applying for a car loan, be aware of the interest rates, loan tenure, your monthly budget, and any additional fees such as processing fees or insurance. It's crucial to read the fine print.

Factors influencing the interest rate for a car loan include your credit score, the loan amount, the loan term, and the lender's policies. Economic conditions can also play a role.

Yes, many lenders allow early repayment of car loans, but some may charge a prepayment penalty. It’s advisable to check your loan agreement for specific terms regarding early repayment.