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Kia Soul 2023 2.0L MPI A/T 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 539

Down Payment

BHD 1,599

Total Cost

BHD 8,067

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 539BHD 5,929
2BHD 539BHD 5,390
3BHD 539BHD 4,851
4BHD 539BHD 4,312
5BHD 539BHD 3,773
6BHD 539BHD 3,234
7BHD 539BHD 2,695
8BHD 539BHD 2,156
9BHD 539BHD 1,617
10BHD 539BHD 1,078
11BHD 539BHD 539
12BHD 539BHD 0

Monthly Payment Composition

Interest: 6
Principal: 533

Kia Soul 2023 2.0L MPI A/T Car Loan Calculator FAQs in Bahrain

The auto loan process typically involves selecting the vehicle, applying for the loan through a bank or financial institution, providing necessary documentation, and waiting for approval before finalizing the purchase.

Taking a loan can impact your credit score positively if you make timely payments, but it can also lower your score temporarily due to the hard inquiry and increased debt.

When applying for an auto loan, be aware of the interest rates, loan terms, additional fees, and your monthly budget to ensure you can afford the payments.

Factors that influence the interest rate include your credit score, loan amount, loan term, and prevailing market rates.

Yes, typically you will need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.