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GMC Terrain 2024 1.5T SLE (FWD) 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 739

Down Payment

BHD 2,192

Total Cost

BHD 11,060

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 739BHD 8,129
2BHD 739BHD 7,390
3BHD 739BHD 6,651
4BHD 739BHD 5,912
5BHD 739BHD 5,173
6BHD 739BHD 4,434
7BHD 739BHD 3,695
8BHD 739BHD 2,956
9BHD 739BHD 2,217
10BHD 739BHD 1,478
11BHD 739BHD 739
12BHD 739BHD 0

Monthly Payment Composition

Interest: 9
Principal: 730

GMC Terrain 2024 1.5T SLE (FWD) Car Loan Calculator FAQs in Bahrain

In Bahrain, you can find various loan options such as fixed-rate loans, variable-rate loans, and leasing options specifically designed for vehicle purchases.

You can apply for a car loan by visiting the bank or financial institution’s website, filling out the application form, and providing required documents such as your ID, proof of income, and credit history.

Yes, taking a car loan can impact your credit score as it adds to your credit mix, but timely repayments can improve your score over time.

Consider the interest rates, loan terms, monthly payments, and your budget. Also, review your credit score and any additional fees associated with the loan.

Factors include the central bank's policy rates, inflation rate, your credit score, loan amount, and the term of the loan.