Raize XLE Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 4,519
Down Payment
SAR 13,409
Total Cost
SAR 67,637
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 4,519 | SAR 49,709 |
| 2 | SAR 4,519 | SAR 45,190 |
| 3 | SAR 4,519 | SAR 40,671 |
| 4 | SAR 4,519 | SAR 36,152 |
| 5 | SAR 4,519 | SAR 31,633 |
| 6 | SAR 4,519 | SAR 27,114 |
| 7 | SAR 4,519 | SAR 22,595 |
| 8 | SAR 4,519 | SAR 18,076 |
| 9 | SAR 4,519 | SAR 13,557 |
| 10 | SAR 4,519 | SAR 9,038 |
| 11 | SAR 4,519 | SAR 4,519 |
| 12 | SAR 4,519 | SAR 0 |
Monthly Payment Composition
Interest: 50
Principal: 4469
Raize XLE Car Loan Calculator FAQs in KSA
The main requirements typically include a valid residency permit, proof of income, a good credit history, and identification documents.
Taking a loan can initially lower your credit score due to a hard inquiry, but if you make timely payments, it can improve your score over time.
Factors include your credit score, the loan term, the amount of the down payment, and the bank's current interest rates.
The typical loan tenure ranges from 3 to 7 years, depending on the bank and the customer's preference.
Consider your budget, monthly payment capability, interest rates, and any additional fees that may be associated with the loan.
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