CarteaCar Loan Calculator

Toyota Corolla 2020 1.6L XLI Executive Moonroof 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 5,502

Down Payment

SAR 16,327

Total Cost

SAR 82,351

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,502SAR 60,522
2SAR 5,502SAR 55,020
3SAR 5,502SAR 49,518
4SAR 5,502SAR 44,016
5SAR 5,502SAR 38,514
6SAR 5,502SAR 33,012
7SAR 5,502SAR 27,510
8SAR 5,502SAR 22,008
9SAR 5,502SAR 16,506
10SAR 5,502SAR 11,004
11SAR 5,502SAR 5,502
12SAR 5,502SAR 0

Monthly Payment Composition

Interest: 60
Principal: 5442

Toyota Corolla 2020 1.6L XLI Executive Moonroof Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting a bank, submitting your application with necessary documents, and awaiting approval. Once approved, you can proceed with the purchase.

Yes, taking out a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can lower it.

Consider your credit score, interest rates, loan terms, and monthly payment amounts. It's also important to review the bank's fees and the total cost of the loan.

Interest rates directly affect your monthly payments and the total amount you'll pay over the life of the loan. Lower rates mean lower payments.

Typically, you will need identification, proof of income, bank statements, and information about the vehicle you wish to purchase.