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Ford Figo 2023 1.5L Trend H/B Car Loan Calculator in BAHRAIN

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

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car price (BHD)*

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

Monthly Payment

BHD 398

Down Payment

BHD 1,180

Total Cost

BHD 5,956

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 398BHD 4,378
2BHD 398BHD 3,980
3BHD 398BHD 3,582
4BHD 398BHD 3,184
5BHD 398BHD 2,786
6BHD 398BHD 2,388
7BHD 398BHD 1,990
8BHD 398BHD 1,592
9BHD 398BHD 1,194
10BHD 398BHD 796
11BHD 398BHD 398
12BHD 398BHD 0

Monthly Payment Composition

Interest: 5
Principal: 393

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

To obtain a loan for the Ford Figo 2023, you generally need to provide your identification, proof of income, and details about the vehicle. The bank will assess your creditworthiness and may require a down payment.

Yes, applying for a car loan can temporarily impact your credit score due to the hard inquiry made by the lender. However, if you make timely payments, it can positively affect your credit score in the long run.

Consider the total cost of the loan, including interest rates, loan term, and your monthly budget. Also, evaluate your ability to repay the loan without impacting your financial stability.

Factors include your credit score, the loan amount, the loan term, and the current economic conditions. Banks may also offer different rates based on their policies.

Yes, some lenders may charge processing fees, insurance premiums, or prepayment penalties. It's essential to read the loan agreement carefully and ask the lender about any additional costs.