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Renault Megane 2019 1.6L LE+ 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 4,583

Down Payment

SAR 13,600

Total Cost

SAR 68,596

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,583SAR 50,413
2SAR 4,583SAR 45,830
3SAR 4,583SAR 41,247
4SAR 4,583SAR 36,664
5SAR 4,583SAR 32,081
6SAR 4,583SAR 27,498
7SAR 4,583SAR 22,915
8SAR 4,583SAR 18,332
9SAR 4,583SAR 13,749
10SAR 4,583SAR 9,166
11SAR 4,583SAR 4,583
12SAR 4,583SAR 0

Monthly Payment Composition

Interest: 50
Principal: 4533

Renault Megane 2019 1.6L LE+ Car Loan Calculator FAQs in KSA

The car loan process typically involves choosing a financial institution, applying for the loan, providing necessary documents, and then waiting for approval before completing the purchase.

Yes, taking a car loan can affect your credit score as it shows your credit utilization and payment history. Ensure timely payments to maintain a good score.

Consider your budget, the interest rates offered, loan terms, and whether you can afford the monthly payments without straining your finances.

Factors include your credit score, the loan amount, the loan term, and the lender’s policies. A higher credit score usually results in lower interest rates.

Yes, you can refinance your car loan, typically after six months to a year of having the loan, depending on your financial situation and market conditions.