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Toyota Avanza 2020 1.5L Standard 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 4,435

Down Payment

SAR 13,161

Total Cost

SAR 66,381

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 4,435SAR 48,785
2SAR 4,435SAR 44,350
3SAR 4,435SAR 39,915
4SAR 4,435SAR 35,480
5SAR 4,435SAR 31,045
6SAR 4,435SAR 26,610
7SAR 4,435SAR 22,175
8SAR 4,435SAR 17,740
9SAR 4,435SAR 13,305
10SAR 4,435SAR 8,870
11SAR 4,435SAR 4,435
12SAR 4,435SAR 0

Monthly Payment Composition

Interest: 48
Principal: 4387

Toyota Avanza 2020 1.5L Standard Car Loan Calculator FAQs in KSA

  • In KSA, banks typically offer various auto loan options including fixed-rate loans, reducing balance loans, and Islamic financing options. You can choose based on your financial needs.
  • You can apply for a car loan by visiting your preferred bank or financial institution. You will need to provide documents such as your ID, proof of income, and details about the vehicle.
  • Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score; however, missing payments can negatively impact it.
  • Before taking a car loan, consider the interest rates, loan term, monthly payments, and any additional fees. Ensure that your budget can accommodate these payments.
  • Factors that affect car loan interest rates include your credit score, the loan amount, the loan term, and current market conditions. A higher credit score typically results in lower interest rates.