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Honda City 2023 1.5L EX 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 607

Down Payment

BHD 1,800

Total Cost

BHD 9,084

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 607BHD 6,677
2BHD 607BHD 6,070
3BHD 607BHD 5,463
4BHD 607BHD 4,856
5BHD 607BHD 4,249
6BHD 607BHD 3,642
7BHD 607BHD 3,035
8BHD 607BHD 2,428
9BHD 607BHD 1,821
10BHD 607BHD 1,214
11BHD 607BHD 607
12BHD 607BHD 0

Monthly Payment Composition

Interest: 7
Principal: 600

Honda City 2023 1.5L EX Car Loan Calculator FAQs in Bahrain

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

To apply for a car loan, you typically need to provide proof of income, identification, and details of the vehicle. You can complete the application online or in person at a bank branch.

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can negatively impact it.

Consider factors such as the interest rate, loan term, monthly payment, and any additional fees. It's also important to compare offers from different banks.

The exchange rate for auto loans can be influenced by economic factors such as inflation, interest rates set by the central bank, and global market conditions.