CarteaCar Loan Calculator

LX600 Prestige 3.5L 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 3,527

Down Payment

BHD 10,466

Total Cost

BHD 52,790

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 3,527BHD 38,797
2BHD 3,527BHD 35,270
3BHD 3,527BHD 31,743
4BHD 3,527BHD 28,216
5BHD 3,527BHD 24,689
6BHD 3,527BHD 21,162
7BHD 3,527BHD 17,635
8BHD 3,527BHD 14,108
9BHD 3,527BHD 10,581
10BHD 3,527BHD 7,054
11BHD 3,527BHD 3,527
12BHD 3,527BHD 0

Monthly Payment Composition

Interest: 39
Principal: 3488

LX600 Prestige 3.5L Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from several loan options including fixed-rate loans, variable-rate loans, and balloon loans. Each option has its own terms and conditions.

To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as income proof, ID, and the vehicle details, and fill out an application form.

Yes, applying for a car loan may temporarily lower your credit score due to the hard inquiry made by the lender. However, timely repayments can improve your score over time.

Consider the interest rates, loan terms, monthly payments, and any additional fees. It’s also important to evaluate your financial situation to ensure you can afford the payments.

Factors such as your credit score, the loan amount, the term of the loan, and current market rates can all influence the interest rate offered by lenders.