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RAM 1500 2024 5.7L Limited (Double Cab) Car Loan Calculator in KSA

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

select car *

car price (SAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
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 2024 5.7L Limited (Double Cab) Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting your vehicle, applying for a loan at a bank or financing company, providing necessary documentation, and waiting for approval before finalizing the purchase.

Taking a car loan can impact your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it.

Consider your budget, interest rates, loan term, monthly payments, and any fees associated with the loan. It's also important to compare offers from different banks.

Factors that affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.

You typically need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.