CarteaCar Loan Calculator

Toyota Corolla 2020 1.8L GLI Moonroof Hybrid 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 5,264

Down Payment

SAR 15,621

Total Cost

SAR 78,789

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,264SAR 57,904
2SAR 5,264SAR 52,640
3SAR 5,264SAR 47,376
4SAR 5,264SAR 42,112
5SAR 5,264SAR 36,848
6SAR 5,264SAR 31,584
7SAR 5,264SAR 26,320
8SAR 5,264SAR 21,056
9SAR 5,264SAR 15,792
10SAR 5,264SAR 10,528
11SAR 5,264SAR 5,264
12SAR 5,264SAR 0

Monthly Payment Composition

Interest: 58
Principal: 5206

Toyota Corolla 2020 1.8L GLI Moonroof Hybrid Car Loan Calculator FAQs in KSA

The loan process typically involves applying for a car loan through a bank or financial institution, providing necessary documents such as identification, proof of income, and details of the vehicle. Once approved, you will receive a loan offer, which you can accept to finalize the purchase.

Yes, taking a loan can affect your credit score. A hard inquiry may be made on your credit report, and timely payments can improve your score, while missed payments can lower it.

Consider the interest rate, loan term, monthly payments, total loan amount, and any additional fees. Ensure that the loan fits within your budget and financial plan.

Factors include your credit score, the loan amount, loan term, market interest rates, and the bank's policies. A higher credit score usually results in a lower interest rate.

Most banks allow early repayment of car loans, but check for any prepayment penalties that may apply. Paying off the loan early can save you on interest costs.