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Kia Picanto 2024 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 2024 1.2L LX Car Loan Calculator FAQs in Bahrain

In Bahrain, you can typically choose between bank loans, financing through the dealership, or personal loans for purchasing a Kia Picanto 2024 1.2L LX.

Taking a loan can impact your credit score positively or negatively depending on your repayment history. Consistent payments improve your score, while missed payments can harm it.

Be mindful of the interest rates, loan terms, fees, and your total budget. Ensure you understand the loan agreement before signing.

Factors include your credit score, the length of the loan, the lender's policies, and current market conditions.

Yes, refinancing is possible if you find a better interest rate or want to change the loan terms, provided you meet the lender's requirements.