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Kia Cerato 2024 1.6L LX 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 523

Down Payment

BHD 1,552

Total Cost

BHD 7,828

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 523BHD 5,753
2BHD 523BHD 5,230
3BHD 523BHD 4,707
4BHD 523BHD 4,184
5BHD 523BHD 3,661
6BHD 523BHD 3,138
7BHD 523BHD 2,615
8BHD 523BHD 2,092
9BHD 523BHD 1,569
10BHD 523BHD 1,046
11BHD 523BHD 523
12BHD 523BHD 0

Monthly Payment Composition

Interest: 6
Principal: 517

Kia Cerato 2024 1.6L LX Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various financing options including bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.

Taking a loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.

Consider your credit history, the total cost of the loan, interest rates, and your monthly budget. Ensure that you can comfortably afford the repayments.

Factors that can affect the interest rate include your credit score, loan amount, loan term, and current market conditions.

Yes, getting pre-approved for a loan can give you a better idea of your budget and streamline the car buying process.