What is the process for obtaining a car loan for the TXL 1.6T-GDI Comfort in KSA?

The process typically involves selecting the car, submitting required documents (like identification, proof of income, and bank statements), and then filling out a loan application with a bank or financial institution.

Will taking a car loan affect my credit score in KSA?

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while late payments can harm it.

What factors should I consider when applying for a car loan for the TXL 1.6T-GDI Comfort?

When applying for a car loan, consider the interest rate, loan term, monthly payments, and any additional fees or insurance requirements.

What are the common interest rates for car loans in KSA?

Interest rates for car loans in KSA typically range from 3% to 7%, depending on the bank and the borrower's credit profile.

How does the loan amount affect the monthly payments for a TXL 1.6T-GDI Comfort?

The loan amount directly affects monthly payments; a higher loan amount leads to higher monthly payments, while a lower loan amount results in lower payments.

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TXL 1.6T-GDI Comfort Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,673

Down Payment

SAR 22,770

Total Cost

SAR 114,846

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,673	SAR 84,403
2	SAR 7,673	SAR 76,730
3	SAR 7,673	SAR 69,057
4	SAR 7,673	SAR 61,384
5	SAR 7,673	SAR 53,711
6	SAR 7,673	SAR 46,038
7	SAR 7,673	SAR 38,365
8	SAR 7,673	SAR 30,692
9	SAR 7,673	SAR 23,019
10	SAR 7,673	SAR 15,346
11	SAR 7,673	SAR 7,673
12	SAR 7,673	SAR 0

Monthly Payment Composition

Interest: 83

Principal: 7590

TXL 1.6T-GDI Comfort Car Loan Calculator FAQs in KSA

The process typically involves selecting the car, submitting required documents (like identification, proof of income, and bank statements), and then filling out a loan application with a bank or financial institution.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while late payments can harm it.
When applying for a car loan, consider the interest rate, loan term, monthly payments, and any additional fees or insurance requirements.
Interest rates for car loans in KSA typically range from 3% to 7%, depending on the bank and the borrower's credit profile.
The loan amount directly affects monthly payments; a higher loan amount leads to higher monthly payments, while a lower loan amount results in lower payments.