CarteaCar Loan Calculator

Toyota Corolla 2018 1.6L SE 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 7,279

Down Payment

SAR 21,600

Total Cost

SAR 108,948

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 7,279SAR 80,069
2SAR 7,279SAR 72,790
3SAR 7,279SAR 65,511
4SAR 7,279SAR 58,232
5SAR 7,279SAR 50,953
6SAR 7,279SAR 43,674
7SAR 7,279SAR 36,395
8SAR 7,279SAR 29,116
9SAR 7,279SAR 21,837
10SAR 7,279SAR 14,558
11SAR 7,279SAR 7,279
12SAR 7,279SAR 0

Monthly Payment Composition

Interest: 79
Principal: 7200

Toyota Corolla 2018 1.6L SE Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, leasing, or financing through dealerships. Each option may have different terms and conditions.

To apply for a car loan, you typically need to provide personal information, proof of income, and details about the vehicle. You can apply through a bank or financial institution's website or in person.

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

Consider the interest rate, loan term, monthly payments, and any additional fees. It's also important to compare offers from different lenders.

Factors that can influence the loan interest rate include your credit history, the amount of the loan, the loan term, and the lender's policies.