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Renault Megane 2021 2.0L PE 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 4,720

Down Payment

SAR 14,007

Total Cost

SAR 70,647

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,720SAR 51,920
2SAR 4,720SAR 47,200
3SAR 4,720SAR 42,480
4SAR 4,720SAR 37,760
5SAR 4,720SAR 33,040
6SAR 4,720SAR 28,320
7SAR 4,720SAR 23,600
8SAR 4,720SAR 18,880
9SAR 4,720SAR 14,160
10SAR 4,720SAR 9,440
11SAR 4,720SAR 4,720
12SAR 4,720SAR 0

Monthly Payment Composition

Interest: 51
Principal: 4669

Renault Megane 2021 2.0L PE Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as personal loans, auto loans, and financing through dealerships. Each option may have different interest rates and terms.

To apply for a car loan, you generally need to visit a bank or financial institution, provide necessary documents like ID, income proof, and vehicle details, and fill out an application form.

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

You should be aware of the interest rates, loan terms, any hidden fees, and ensure that you can afford the monthly payments before committing to a loan.

Factors affecting loan interest rates in KSA include the central bank's rates, inflation, your credit score, and the overall economic conditions.