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Renault Megane 2020 1.6L SE 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 4,522

Down Payment

SAR 13,420

Total Cost

SAR 67,684

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,522SAR 49,742
2SAR 4,522SAR 45,220
3SAR 4,522SAR 40,698
4SAR 4,522SAR 36,176
5SAR 4,522SAR 31,654
6SAR 4,522SAR 27,132
7SAR 4,522SAR 22,610
8SAR 4,522SAR 18,088
9SAR 4,522SAR 13,566
10SAR 4,522SAR 9,044
11SAR 4,522SAR 4,522
12SAR 4,522SAR 0

Monthly Payment Composition

Interest: 49
Principal: 4473

Renault Megane 2020 1.6L SE Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, leasing, and installment plans specifically designed for car purchases.

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents like your ID, salary certificate, and details of the vehicle.

Yes, taking a loan can affect your credit score. Timely repayments can improve your score, while missed payments can decrease it.

Consider the interest rate, loan terms, monthly payments, and any additional fees. It's also important to assess your budget before committing.

Factors such as inflation rates, interest rate changes, and economic stability can all influence loan currency exchange rates.