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Accord EXL 2024 Car Loan Calculator in BAHRAIN

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

select car *

car price (BHD)*

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

Monthly Payment

BHD 883

Down Payment

BHD 2,620

Total Cost

BHD 13,216

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 883BHD 9,713
2BHD 883BHD 8,830
3BHD 883BHD 7,947
4BHD 883BHD 7,064
5BHD 883BHD 6,181
6BHD 883BHD 5,298
7BHD 883BHD 4,415
8BHD 883BHD 3,532
9BHD 883BHD 2,649
10BHD 883BHD 1,766
11BHD 883BHD 883
12BHD 883BHD 0

Monthly Payment Composition

Interest: 10
Principal: 873

Accord EXL 2024 Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various loan options including fixed-rate loans, variable-rate loans, and personal loans tailored specifically for vehicle purchases.

You can apply for a car loan by visiting your preferred bank or financial institution, filling out an application form, and providing the necessary documents such as your ID, income proof, and vehicle details.

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

You should consider the interest rate, loan term, monthly payments, any fees associated with the loan, and your own financial situation before taking out a car loan.

Interest rates for car loans in Bahrain are influenced by factors such as the central bank's policies, inflation rates, your credit score, and the overall economic conditions.