HomeCar Loan Calculator

MG RX8 2024 2.0T Black Edition (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 843

Down Payment

BHD 2,500

Total Cost

BHD 12,616

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 843BHD 9,273
2BHD 843BHD 8,430
3BHD 843BHD 7,587
4BHD 843BHD 6,744
5BHD 843BHD 5,901
6BHD 843BHD 5,058
7BHD 843BHD 4,215
8BHD 843BHD 3,372
9BHD 843BHD 2,529
10BHD 843BHD 1,686
11BHD 843BHD 843
12BHD 843BHD 0

Monthly Payment Composition

Interest: 10
Principal: 833

MG RX8 2024 2.0T Black Edition (AWD) Car Loan Calculator FAQs in Bahrain

In Bahrain, you can consider options such as bank loans, financing through dealerships, or personal loans. Each option has different terms, interest rates, and repayment plans.

To apply for a car loan, you need to gather necessary documents such as proof of income, identification, and details of the vehicle. Then, submit your application to your chosen bank or dealership.

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

Be aware of the interest rates, loan tenure, any hidden fees, and your repayment capacity. It's also important to read the terms and conditions carefully.

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