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MG RX8 2023 2.0T STD (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 RX8 2023 2.0T STD (AWD) Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various loan options offered by banks, including fixed-rate loans, variable-rate loans, and personal loans specifically designed for vehicle purchases.

To apply for a car loan, you typically need to provide identification, proof of income, and details about the vehicle. You can apply online or visit a bank branch.

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

Consider your budget, interest rates, loan terms, and the total cost of the vehicle, including insurance and maintenance.

Factors include your credit score, the loan amount, the loan term, and the current market interest rates.