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Renault Megane 2021 1.6L PE 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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Monthly Payment

SAR 4,563

Down Payment

SAR 13,540

Total Cost

SAR 68,296

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,563SAR 50,193
2SAR 4,563SAR 45,630
3SAR 4,563SAR 41,067
4SAR 4,563SAR 36,504
5SAR 4,563SAR 31,941
6SAR 4,563SAR 27,378
7SAR 4,563SAR 22,815
8SAR 4,563SAR 18,252
9SAR 4,563SAR 13,689
10SAR 4,563SAR 9,126
11SAR 4,563SAR 4,563
12SAR 4,563SAR 0

Monthly Payment Composition

Interest: 50
Principal: 4513

Renault Megane 2021 1.6L PE Car Loan Calculator FAQs in KSA

To obtain a car loan for the Renault Megane 2021 1.6L PE in KSA, you generally need to provide proof of income, valid identification, and sometimes a down payment. Additionally, your credit score will be evaluated.

Taking out a car loan can affect your credit score positively or negatively, depending on whether you make your payments on time. Timely payments can improve your score, while missed payments can harm it.

Interest rates for car loans in KSA are influenced by factors such as your credit score, the loan amount, the loan term, and the current market rates set by banks.

Yes, you can negotiate the terms of your car loan, including the interest rate and repayment period. It’s advisable to shop around and compare offers from different banks.

Before signing a car loan agreement, make sure to read the terms carefully, understand the total cost of the loan, any additional fees, and your repayment obligations.