CarteaCar Loan Calculator

Hyundai Accent 2020 1.4L Base 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 354

Down Payment

BHD 1,050

Total Cost

BHD 5,298

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 354BHD 3,894
2BHD 354BHD 3,540
3BHD 354BHD 3,186
4BHD 354BHD 2,832
5BHD 354BHD 2,478
6BHD 354BHD 2,124
7BHD 354BHD 1,770
8BHD 354BHD 1,416
9BHD 354BHD 1,062
10BHD 354BHD 708
11BHD 354BHD 354
12BHD 354BHD 0

Monthly Payment Composition

Interest: 4
Principal: 350

Hyundai Accent 2020 1.4L Base Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various banks and financial institutions that offer car loans with competitive interest rates, typically ranging from 4% to 6%. You may also find special offers or financing plans from Hyundai dealerships.

You can apply for a car loan by visiting a bank branch or their website. You will need to provide personal identification, proof of income, and details about the vehicle. The bank will assess your creditworthiness before approving the loan.

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

Consider the interest rate, loan term, monthly installments, and any additional fees. It's also important to evaluate your budget to ensure you can afford the payments.

The interest rate may be influenced by factors such as your credit score, the loan amount, the repayment period, and the policies of the lending institution.