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Suzuki Swift 2024 1.2L GL 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 3,453

Down Payment

SAR 10,247

Total Cost

SAR 51,683

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 3,453SAR 37,983
2SAR 3,453SAR 34,530
3SAR 3,453SAR 31,077
4SAR 3,453SAR 27,624
5SAR 3,453SAR 24,171
6SAR 3,453SAR 20,718
7SAR 3,453SAR 17,265
8SAR 3,453SAR 13,812
9SAR 3,453SAR 10,359
10SAR 3,453SAR 6,906
11SAR 3,453SAR 3,453
12SAR 3,453SAR 0

Monthly Payment Composition

Interest: 38
Principal: 3415

Suzuki Swift 2024 1.2L GL Car Loan Calculator FAQs in KSA

The loan process typically involves submitting your application to a bank or financial institution, providing necessary documents such as your ID, proof of income, and vehicle information. Once approved, the bank will disburse the loan amount to the dealership.

Yes, taking out a loan will affect your credit score. It may initially lower your score due to the hard inquiry, but timely repayments can improve your score over time.

Consider your budget, the total cost of the loan including interest rates, your repayment capacity, and whether you can afford additional costs such as insurance and maintenance.

Factors include your credit score, the loan amount, the loan term, the bank's policies, and current market conditions.

Yes, eligibility criteria often include being of legal age, having a stable income, a good credit history, and sometimes a minimum down payment.