What is the Raize Limited car loan in KSA?

The Raize Limited car loan is a financial product offered to help individuals purchase vehicles by financing a portion of the car's cost.

How can I apply for a Raize Limited car loan?

You can apply for a Raize Limited car loan by visiting their website or any of their branches, where you will need to fill out an application form and provide necessary documentation.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.

What should I consider before taking a car loan?

You should consider the interest rate, loan term, monthly payments, and your overall financial situation before taking a car loan.

What factors affect the loan interest rates for car loans?

Factors that affect loan interest rates include your credit score, the amount of the loan, the term of the loan, and current market conditions.

CarteaCar Loan Calculator

Raize Limited Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,968

Down Payment

SAR 14,743

Total Cost

SAR 74,359

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,968	SAR 54,648
2	SAR 4,968	SAR 49,680
3	SAR 4,968	SAR 44,712
4	SAR 4,968	SAR 39,744
5	SAR 4,968	SAR 34,776
6	SAR 4,968	SAR 29,808
7	SAR 4,968	SAR 24,840
8	SAR 4,968	SAR 19,872
9	SAR 4,968	SAR 14,904
10	SAR 4,968	SAR 9,936
11	SAR 4,968	SAR 4,968
12	SAR 4,968	SAR 0

Monthly Payment Composition

Interest: 54

Principal: 4914

Raize Limited Car Loan Calculator FAQs in KSA

The Raize Limited car loan is a financial product offered to help individuals purchase vehicles by financing a portion of the car's cost.
You can apply for a Raize Limited car loan by visiting their website or any of their branches, where you will need to fill out an application form and provide necessary documentation.
Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
You should consider the interest rate, loan term, monthly payments, and your overall financial situation before taking a car loan.
Factors that affect loan interest rates include your credit score, the amount of the loan, the term of the loan, and current market conditions.