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MG HS 2023 2.0T Luxury (AWD) 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 701

Down Payment

BHD 2,080

Total Cost

BHD 10,492

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 701BHD 7,711
2BHD 701BHD 7,010
3BHD 701BHD 6,309
4BHD 701BHD 5,608
5BHD 701BHD 4,907
6BHD 701BHD 4,206
7BHD 701BHD 3,505
8BHD 701BHD 2,804
9BHD 701BHD 2,103
10BHD 701BHD 1,402
11BHD 701BHD 701
12BHD 701BHD 0

Monthly Payment Composition

Interest: 8
Principal: 693

MG HS 2023 2.0T Luxury (AWD) Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from several financing options including traditional bank loans, dealership financing, and leasing options. Each has its own terms and interest rates.

You can apply for a car loan by visiting a bank or a dealership offering financing. Typically, you will need to provide identification, proof of income, and details about the vehicle.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.

Before taking out a car loan, consider the total cost of the car, interest rates, loan term, your monthly budget, and your ability to make payments.

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