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MG Whale 2024 2.0T Comfort 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 674

Down Payment

BHD 2,000

Total Cost

BHD 10,088

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 674BHD 7,414
2BHD 674BHD 6,740
3BHD 674BHD 6,066
4BHD 674BHD 5,392
5BHD 674BHD 4,718
6BHD 674BHD 4,044
7BHD 674BHD 3,370
8BHD 674BHD 2,696
9BHD 674BHD 2,022
10BHD 674BHD 1,348
11BHD 674BHD 674
12BHD 674BHD 0

Monthly Payment Composition

Interest: 8
Principal: 666

MG Whale 2024 2.0T Comfort Car Loan Calculator FAQs in Bahrain

The car loan process typically involves choosing a bank, submitting your financial documents, applying for the loan, and waiting for the approval. Once approved, you can finalize the purchase.

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

You should be aware of the interest rates, the loan terms, your repayment capacity, and any additional fees that may apply.

Factors include your credit score, the loan amount, the loan term, and the lender's policies.

Yes, typically you will need to provide proof of income, identification, bank statements, and details of the vehicle.