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Toyota Corolla 2023 1.5L XLI Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

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car price (SAR)*

down payment *
%
Loan Period (years) *
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interest rate *
%
calculate

Monthly Payment

SAR 5,255

Down Payment

SAR 15,594

Total Cost

SAR 78,654

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,255SAR 57,805
2SAR 5,255SAR 52,550
3SAR 5,255SAR 47,295
4SAR 5,255SAR 42,040
5SAR 5,255SAR 36,785
6SAR 5,255SAR 31,530
7SAR 5,255SAR 26,275
8SAR 5,255SAR 21,020
9SAR 5,255SAR 15,765
10SAR 5,255SAR 10,510
11SAR 5,255SAR 5,255
12SAR 5,255SAR 0

Monthly Payment Composition

Interest: 57
Principal: 5198

Toyota Corolla 2023 1.5L XLI Car Loan Calculator FAQs in KSA

A car loan for a Toyota Corolla 2023 1.5L XLI in KSA is a financial product that allows you to borrow money to purchase the vehicle, which you will repay over a set term with interest.

You can apply for a car loan by visiting a bank or financial institution in KSA, providing necessary documents such as your ID, proof of income, and other financial information.

Yes, taking a car loan will affect your credit score as lenders will check your credit history. Timely repayments can improve your score, while missed payments can lower it.

You should be aware of the interest rates, loan terms, total repayment amount, and any additional fees or charges associated with the loan.

Factors that can affect the interest rate include your credit score, the amount of the loan, the term of the loan, and current market conditions.