

Suzuki Grand Vitara 2023 1.5L GL Mild Hybrid (2WD) Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 5,418
Down Payment
SAR 16,077
Total Cost
SAR 81,093
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | SAR 5,418 | SAR 59,598 |
2 | SAR 5,418 | SAR 54,180 |
3 | SAR 5,418 | SAR 48,762 |
4 | SAR 5,418 | SAR 43,344 |
5 | SAR 5,418 | SAR 37,926 |
6 | SAR 5,418 | SAR 32,508 |
7 | SAR 5,418 | SAR 27,090 |
8 | SAR 5,418 | SAR 21,672 |
9 | SAR 5,418 | SAR 16,254 |
10 | SAR 5,418 | SAR 10,836 |
11 | SAR 5,418 | SAR 5,418 |
12 | SAR 5,418 | SAR 0 |
Monthly Payment Composition
Interest: 59
Principal: 5359
Suzuki Grand Vitara 2023 1.5L GL Mild Hybrid (2WD) Car Loan Calculator FAQs in KSA
- The car loan process typically involves submitting an application to a bank or financial institution, providing necessary documents such as income proof, and choosing the loan amount and tenure. The lender will assess your creditworthiness before approving the loan.
- Yes, taking out a loan can affect your credit score. When you apply for a loan, it results in a hard inquiry on your credit report, which may temporarily lower your score. However, timely repayments can improve your score over time.
- Consider your budget, the total cost of the car including interest, the loan tenure, monthly installments, and your ability to repay. It's also important to check different lenders' interest rates and terms.
- Factors that can affect your car loan interest rate include your credit score, the loan amount, the length of the loan term, the lender's policies, and current economic conditions.
- Yes, there may be additional fees such as processing fees, insurance costs, and late payment fees. Make sure to read the loan agreement carefully to understand all potential costs involved.
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