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Kia Picanto 2023 1.2L 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 337

Down Payment

BHD 999

Total Cost

BHD 5,043

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 337BHD 3,707
2BHD 337BHD 3,370
3BHD 337BHD 3,033
4BHD 337BHD 2,696
5BHD 337BHD 2,359
6BHD 337BHD 2,022
7BHD 337BHD 1,685
8BHD 337BHD 1,348
9BHD 337BHD 1,011
10BHD 337BHD 674
11BHD 337BHD 337
12BHD 337BHD 0

Monthly Payment Composition

Interest: 4
Principal: 333

Kia Picanto 2023 1.2L LX Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various financing options including bank loans, dealership financing, and personal loans tailored for car purchases.

You can apply for a car loan by visiting your chosen bank or financing institution, providing necessary documents such as ID, proof of income, and details about the car.

Yes, taking out a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

Consider the interest rates, loan terms, your repayment capacity, and additional fees before committing to a car loan.

Factors influencing car loan interest rates include your credit score, the bank's policies, the loan amount, and the duration of the loan.