HomeCar Loan Calculator

Toyota Corolla 2023 1.5L XLI Executive 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 5,503

Down Payment

SAR 16,330

Total Cost

SAR 82,366

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,503SAR 60,533
2SAR 5,503SAR 55,030
3SAR 5,503SAR 49,527
4SAR 5,503SAR 44,024
5SAR 5,503SAR 38,521
6SAR 5,503SAR 33,018
7SAR 5,503SAR 27,515
8SAR 5,503SAR 22,012
9SAR 5,503SAR 16,509
10SAR 5,503SAR 11,006
11SAR 5,503SAR 5,503
12SAR 5,503SAR 0

Monthly Payment Composition

Interest: 60
Principal: 5443

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

To secure a loan for a Toyota Corolla 2023 in KSA, you typically need to apply through a bank or financial institution, provide necessary documents (like ID and income proof), and undergo a credit assessment.

Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments may negatively impact it.

Consider the total cost of the loan, interest rates, loan terms, your monthly budget, and your ability to make consistent payments.

Interest rates can be affected by your credit score, the loan amount, the term length, and current market conditions.

To improve your chances of approval, maintain a good credit score, reduce existing debts, provide stable income proof, and consider a larger down payment.