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MG ZS 2024 1.5L LUX Car Loan Calculator in BAHRAIN

To finance this car, you can first calculate the installment price in BAHRAIN

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car price (BHD)*

down payment *
%
Loan Period (years) *
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interest rate *
%
calculate

Monthly Payment

BHD 506

Down Payment

BHD 1,500

Total Cost

BHD 7,572

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 506BHD 5,566
2BHD 506BHD 5,060
3BHD 506BHD 4,554
4BHD 506BHD 4,048
5BHD 506BHD 3,542
6BHD 506BHD 3,036
7BHD 506BHD 2,530
8BHD 506BHD 2,024
9BHD 506BHD 1,518
10BHD 506BHD 1,012
11BHD 506BHD 506
12BHD 506BHD 0

Monthly Payment Composition

Interest: 6
Principal: 500

MG ZS 2024 1.5L LUX Car Loan Calculator FAQs in Bahrain

To obtain a car loan for the MG ZS 2024 1.5L LUX in Bahrain, you typically need to provide proof of income, identification, a good credit history, and details of the vehicle.

Taking a car loan can affect your credit score positively if you make timely payments; however, missed payments can lower your score.

Before applying for a car loan, consider your budget, the interest rate, the loan term, and any additional fees associated with the loan.

Yes, there may be processing fees, insurance fees, and early repayment penalties depending on the bank's policies.

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