CarteaCar Loan Calculator

Jeep Compass 2020 2.4L Longitude (4x4) 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: 8
Principal: 599

Jeep Compass 2020 2.4L Longitude (4x4) Car Loan Calculator FAQs in Bahrain

In Bahrain, you can find various banks and financial institutions offering car loans specifically for purchasing vehicles like the Jeep Compass 2020. Options typically include fixed-rate loans, variable-rate loans, and sometimes even leasing options.

To apply for a car loan for the Jeep Compass 2020, you will need to visit a bank or financial institution in Bahrain, provide necessary documents such as your ID, proof of income, and the vehicle details, and fill out a loan application form.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your credit score, but missed payments can negatively impact it.

When taking a car loan, consider the interest rate, loan term, monthly installments, your budget, and any additional fees associated with the loan.

Factors that can affect loan interest rates include your credit score, the amount of down payment, the bank's policies, and current economic conditions.