Car Loan Calculator
Enter the car price, down payment, and interest rate.
Monthly payment
SAR 1,933
- Total interest
- SAR 15,997
- Total paid
- SAR 115,997
- Loan amount
- SAR 100,000
How it works
We subtract the down payment, then run standard amortization on the remainder.
Formula
M = P · r · (1 + r)^n / ((1 + r)^n − 1)
Worked example
SAR 120,000 car, 20k down, 6% / 5y ≈ SAR 1,933/month.
FAQ
- Insurance included?
- No — insurance and maintenance are separate.
- Lease vs buy?
- See the lease vs. buy car calculator.
- Recommended down payment?
- 20%+ lowers your monthly payment and total interest.