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Honda City 2024 1.5L DX 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 449

Down Payment

BHD 1,330

Total Cost

BHD 6,718

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 449BHD 4,939
2BHD 449BHD 4,490
3BHD 449BHD 4,041
4BHD 449BHD 3,592
5BHD 449BHD 3,143
6BHD 449BHD 2,694
7BHD 449BHD 2,245
8BHD 449BHD 1,796
9BHD 449BHD 1,347
10BHD 449BHD 898
11BHD 449BHD 449
12BHD 449BHD 0

Monthly Payment Composition

Interest: 6
Principal: 443

Honda City 2024 1.5L DX Car Loan Calculator FAQs in Bahrain

In Bahrain, you can typically find car loans from various banks and financial institutions, including fixed-rate loans and flexible repayment options tailored for purchasing a Honda City 2024 1.5L DX.

To apply for a car loan, you need to visit a bank or financial institution in Bahrain, provide the necessary documents such as proof of income, identification, and details about the car, and fill out the loan application form.

Yes, applying for a car loan may temporarily affect your credit score as banks will conduct a hard inquiry. However, if you make timely payments, it can positively impact your score in the long term.

Consider the interest rate, loan term, monthly payments, any additional fees, and your overall financial situation. Ensure that the loan fits within your budget.

Factors such as inflation rates, central bank policies, and economic stability can influence the exchange rates. Changes in these factors may affect the cost of car loans denominated in foreign currencies.