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Renault Megane 2024 1.6L Authentic 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 5,301

Down Payment

SAR 15,730

Total Cost

SAR 79,342

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,301SAR 58,311
2SAR 5,301SAR 53,010
3SAR 5,301SAR 47,709
4SAR 5,301SAR 42,408
5SAR 5,301SAR 37,107
6SAR 5,301SAR 31,806
7SAR 5,301SAR 26,505
8SAR 5,301SAR 21,204
9SAR 5,301SAR 15,903
10SAR 5,301SAR 10,602
11SAR 5,301SAR 5,301
12SAR 5,301SAR 0

Monthly Payment Composition

Interest: 58
Principal: 5243

Renault Megane 2024 1.6L Authentic Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options provided by banks, including personal loans, auto loans, and financing plans specific to car dealerships.

To apply for a car loan, you typically need to fill out an application form, provide required documents such as ID, proof of income, and details of the car, and submit it to your chosen bank.

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

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

Factors that influence the interest rate include your credit score, loan amount, loan duration, and the bank's policies.