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MG RX5 2024 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 607

Down Payment

BHD 1,800

Total Cost

BHD 9,084

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 607BHD 6,677
2BHD 607BHD 6,070
3BHD 607BHD 5,463
4BHD 607BHD 4,856
5BHD 607BHD 4,249
6BHD 607BHD 3,642
7BHD 607BHD 3,035
8BHD 607BHD 2,428
9BHD 607BHD 1,821
10BHD 607BHD 1,214
11BHD 607BHD 607
12BHD 607BHD 0

Monthly Payment Composition

Interest: 8
Principal: 599

MG RX5 2024 1.5T LUX Car Loan Calculator FAQs in Bahrain

Typically, loan terms for the MG RX5 2024 range from 1 to 7 years, depending on the bank and your financial profile.

You can apply for a car loan by visiting a bank branch, filling out an application form, and providing necessary documents such as income proof and identification.

Yes, taking a loan will affect your credit score. Timely repayments can improve your score, while missed payments can lower it.

Consider the interest rate, loan term, monthly payment amount, and any additional fees associated with the loan.

Factors such as the central bank's interest rates, inflation, and economic stability can influence the loan exchange rate.