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Honda HR-V 2024 1.8 i-VTEC DX 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 647

Down Payment

BHD 1,920

Total Cost

BHD 9,684

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 647BHD 7,117
2BHD 647BHD 6,470
3BHD 647BHD 5,823
4BHD 647BHD 5,176
5BHD 647BHD 4,529
6BHD 647BHD 3,882
7BHD 647BHD 3,235
8BHD 647BHD 2,588
9BHD 647BHD 1,941
10BHD 647BHD 1,294
11BHD 647BHD 647
12BHD 647BHD 0

Monthly Payment Composition

Interest: 7
Principal: 640

Honda HR-V 2024 1.8 i-VTEC DX Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various banks that offer car loans, including fixed and variable interest rates. The loan amount typically ranges from 70% to 100% of the car's value, depending on the lender.

To apply for a car loan, you typically need to provide identification, proof of income, and details about the car. You can apply online or visit a bank branch for assistance.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it. It's essential to manage your loan responsibly.

Consider factors such as the interest rate, loan term, monthly payments, and any additional fees. Also, check if the loan includes insurance or warranty options.

Factors such as inflation rates, interest rates set by the Central Bank, and global economic conditions can affect exchange rates and subsequently impact your car loan costs.