What is the loan process for purchasing a Peugeot Partner 2019 1.6L K9 in KSA?

The loan process typically involves submitting a loan application, providing necessary documents, and receiving approval from the bank, followed by signing the loan agreement.

Will taking a loan for the Peugeot Partner affect my credit score?

Yes, taking a loan can impact your credit score as it involves a credit inquiry and increases your debt-to-income ratio.

What should I consider before applying for a car loan in KSA?

Consider your budget, loan terms, interest rates, and your ability to make monthly payments.

What factors can affect the loan interest rate in KSA?

Factors include your credit score, the loan amount, the loan term, and prevailing market interest rates.

What documents are required to apply for a car loan for the Peugeot Partner?

You typically need your ID, proof of income, bank statements, and details about the car you wish to purchase.

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Peugeot Partner 2019 1.6L K9 Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,970

Down Payment

SAR 11,780

Total Cost

SAR 59,420

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,970	SAR 43,670
2	SAR 3,970	SAR 39,700
3	SAR 3,970	SAR 35,730
4	SAR 3,970	SAR 31,760
5	SAR 3,970	SAR 27,790
6	SAR 3,970	SAR 23,820
7	SAR 3,970	SAR 19,850
8	SAR 3,970	SAR 15,880
9	SAR 3,970	SAR 11,910
10	SAR 3,970	SAR 7,940
11	SAR 3,970	SAR 3,970
12	SAR 3,970	SAR 0

Monthly Payment Composition

Interest: 44

Principal: 3926

Peugeot Partner 2019 1.6L K9 Car Loan Calculator FAQs in KSA

The loan process typically involves submitting a loan application, providing necessary documents, and receiving approval from the bank, followed by signing the loan agreement.
Yes, taking a loan can impact your credit score as it involves a credit inquiry and increases your debt-to-income ratio.
Consider your budget, loan terms, interest rates, and your ability to make monthly payments.
Factors include your credit score, the loan amount, the loan term, and prevailing market interest rates.
You typically need your ID, proof of income, bank statements, and details about the car you wish to purchase.