What is the SONG PLUS DMI Premium car loan in KSA?

The SONG PLUS DMI Premium car loan is a financing option provided to help individuals purchase the SONG PLUS DMI Premium vehicle, with competitive interest rates and flexible repayment terms.

How can I apply for a SONG PLUS DMI Premium car loan?

You can apply for a SONG PLUS DMI Premium car loan by visiting a bank or financial institution in KSA, filling out an application form, and providing necessary documents such as income proof and identification.

Will taking a car loan affect my credit score?

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

What should I consider when applying for a car loan?

When applying for a car loan, consider the interest rate, loan term, monthly payments, and any additional fees.

What factors can affect the loan interest rate?

Factors that can affect the loan interest rate include your credit score, the loan amount, the term length, and market conditions.

CarteaCar Loan Calculator

SONG PLUS DMI Premium Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

Monthly Payment

SAR 10,709

Down Payment

SAR 31,780

Total Cost

SAR 160,288

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 10,709	SAR 117,799
2	SAR 10,709	SAR 107,090
3	SAR 10,709	SAR 96,381
4	SAR 10,709	SAR 85,672
5	SAR 10,709	SAR 74,963
6	SAR 10,709	SAR 64,254
7	SAR 10,709	SAR 53,545
8	SAR 10,709	SAR 42,836
9	SAR 10,709	SAR 32,127
10	SAR 10,709	SAR 21,418
11	SAR 10,709	SAR 10,709
12	SAR 10,709	SAR 0

Monthly Payment Composition

Interest: 116

Principal: 10593

SONG PLUS DMI Premium Car Loan Calculator FAQs in KSA

The SONG PLUS DMI Premium car loan is a financing option provided to help individuals purchase the SONG PLUS DMI Premium vehicle, with competitive interest rates and flexible repayment terms.
You can apply for a SONG PLUS DMI Premium car loan by visiting a bank or financial institution in KSA, filling out an application form, and providing necessary documents such as income proof and identification.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
When applying for a car loan, consider the interest rate, loan term, monthly payments, and any additional fees.
Factors that can affect the loan interest rate include your credit score, the loan amount, the term length, and market conditions.