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MG RX5 2023 1.5T LUX 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 593

Down Payment

BHD 1,760

Total Cost

BHD 8,876

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 593BHD 6,523
2BHD 593BHD 5,930
3BHD 593BHD 5,337
4BHD 593BHD 4,744
5BHD 593BHD 4,151
6BHD 593BHD 3,558
7BHD 593BHD 2,965
8BHD 593BHD 2,372
9BHD 593BHD 1,779
10BHD 593BHD 1,186
11BHD 593BHD 593
12BHD 593BHD 0

Monthly Payment Composition

Interest: 7
Principal: 586

MG RX5 2023 1.5T LUX Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various financing options such as traditional bank loans, Islamic financing, or dealership financing for the MG RX5 2023 1.5T LUX.

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents like ID, salary proof, and the car's details, and fill out an application form.

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

Be aware of the interest rates, loan terms, any hidden fees, and ensure you understand the total cost of the loan before signing.

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the bank's current policies.