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RAM 1500 2023 5.7L Limited (Double Cab) 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) *
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interest rate *
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calculate

Monthly Payment

SAR 20,042

Down Payment

SAR 59,478

Total Cost

SAR 299,982

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 20,042SAR 220,462
2SAR 20,042SAR 200,420
3SAR 20,042SAR 180,378
4SAR 20,042SAR 160,336
5SAR 20,042SAR 140,294
6SAR 20,042SAR 120,252
7SAR 20,042SAR 100,210
8SAR 20,042SAR 80,168
9SAR 20,042SAR 60,126
10SAR 20,042SAR 40,084
11SAR 20,042SAR 20,042
12SAR 20,042SAR 0

Monthly Payment Composition

Interest: 216
Principal: 19826

RAM 1500 2023 5.7L Limited (Double Cab) Car Loan Calculator FAQs in KSA

In KSA, you can choose between bank loans, dealership financing, and personal loans to purchase a RAM 1500. Each option has its own terms and conditions.

Taking out a loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score.

Consider your budget, interest rates, loan terms, and your ability to repay. Also, check for any additional fees involved in the loan.

Factors include your credit score, the loan amount, the loan term, and the bank’s current interest rates.

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