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Mitsubishi L200 2023 2.4L Single Cab GL (2WD) 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 422

Down Payment

BHD 1,250

Total Cost

BHD 6,314

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 422BHD 4,642
2BHD 422BHD 4,220
3BHD 422BHD 3,798
4BHD 422BHD 3,376
5BHD 422BHD 2,954
6BHD 422BHD 2,532
7BHD 422BHD 2,110
8BHD 422BHD 1,688
9BHD 422BHD 1,266
10BHD 422BHD 844
11BHD 422BHD 422
12BHD 422BHD 0

Monthly Payment Composition

Interest: 6
Principal: 416

Mitsubishi L200 2023 2.4L Single Cab GL (2WD) Car Loan Calculator FAQs in Bahrain

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and waiting for approval. Once approved, you can finalize the purchase.

Yes, taking a car loan can affect your credit score as it involves a hard inquiry on your credit report. Timely payments can improve your score, while missed payments can lower it.

Consider your budget, the interest rates offered, loan terms, and your ability to make monthly payments. Additionally, check your credit score and gather necessary documents before applying.

Factors influencing the interest rate include your credit score, the loan amount, the term of the loan, and the current market conditions. A higher credit score often results in lower interest rates.

Yes, typically you will need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase. Some banks may require additional documentation.