HomeCar Loan Calculator

Ford Figo 2023 1.5L Ambiente H/B 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 351

Down Payment

BHD 1,040

Total Cost

BHD 5,252

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 351BHD 3,861
2BHD 351BHD 3,510
3BHD 351BHD 3,159
4BHD 351BHD 2,808
5BHD 351BHD 2,457
6BHD 351BHD 2,106
7BHD 351BHD 1,755
8BHD 351BHD 1,404
9BHD 351BHD 1,053
10BHD 351BHD 702
11BHD 351BHD 351
12BHD 351BHD 0

Monthly Payment Composition

Interest: 5
Principal: 346

Ford Figo 2023 1.5L Ambiente H/B Car Loan Calculator FAQs in Bahrain

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and waiting for approval. Once approved, you can purchase the Ford Figo.

Yes, applying for a car loan can temporarily affect your credit score due to the hard inquiry made by the lender. However, timely repayments can improve your score over time.

Consider the interest rate, loan term, monthly payments, down payment amount, and total cost of the loan. It's important to compare offers from different banks.

The typical interest rate for a car loan in Bahrain ranges from 4% to 7%, depending on the bank and your creditworthiness.

Yes, additional fees may include processing fees, insurance costs, and early repayment fees. Always ask the lender for a detailed breakdown.