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COROLLA 2.0L XLI 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 553

Down Payment

BHD 1,640

Total Cost

BHD 8,276

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 553BHD 6,083
2BHD 553BHD 5,530
3BHD 553BHD 4,977
4BHD 553BHD 4,424
5BHD 553BHD 3,871
6BHD 553BHD 3,318
7BHD 553BHD 2,765
8BHD 553BHD 2,212
9BHD 553BHD 1,659
10BHD 553BHD 1,106
11BHD 553BHD 553
12BHD 553BHD 0

Monthly Payment Composition

Interest: 7
Principal: 546

COROLLA 2.0L XLI Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various loan options offered by banks, including fixed-rate loans, variable-rate loans, and personal loans specifically designed for car purchases.

To apply for a car loan, you typically need to visit your bank's branch or website, fill out an application form, provide required documents such as your ID, salary slips, and proof of residence, and then wait for approval.

Yes, taking a car loan can impact your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative effect.

Consider factors such as the interest rate, loan term, monthly payments, total cost of the loan, and any additional fees or insurance requirements.

Factors that can affect the interest rate include your credit history, the loan amount, the duration of the loan, and the bank's current lending policies.