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Toyota Veloz 2024 1.5L GLX 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 5,526

Down Payment

SAR 16,399

Total Cost

SAR 82,711

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,526SAR 60,786
2SAR 5,526SAR 55,260
3SAR 5,526SAR 49,734
4SAR 5,526SAR 44,208
5SAR 5,526SAR 38,682
6SAR 5,526SAR 33,156
7SAR 5,526SAR 27,630
8SAR 5,526SAR 22,104
9SAR 5,526SAR 16,578
10SAR 5,526SAR 11,052
11SAR 5,526SAR 5,526
12SAR 5,526SAR 0

Monthly Payment Composition

Interest: 60
Principal: 5466

Toyota Veloz 2024 1.5L GLX Car Loan Calculator FAQs in KSA

To obtain a car loan in KSA, you typically need to fill out an application with the bank, provide necessary documentation such as proof of income and identity, and choose the loan amount and term.

Yes, taking a car loan can affect your credit score positively or negatively, depending on your repayment habits. Timely payments can improve your score, while missed payments can harm it.

Consider your budget, the interest rates offered, the loan terms, your credit score, and any additional fees or insurance requirements.

Interest rates for car loans in KSA generally range from 4% to 10%, depending on the bank and the borrower's credit profile.

You can improve your chances by maintaining a good credit score, having a stable income, minimizing existing debts, and providing comprehensive documentation to the bank.