HomeCar Loan Calculator

Mitsubishi L200 2023 2.5L Double 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 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

Mitsubishi L200 2023 2.5L Double Cab GL (2WD) Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various financing options including bank loans, dealership financing, and personal loans. It's advisable to compare interest rates and terms to find the best option.

Taking a loan can impact your credit score positively or negatively, depending on your repayment behavior. Timely payments can improve your score, while missed payments can lower it.

Before applying for a car loan, consider your budget, the total cost of the car, the interest rate, loan term, and your repayment capacity. Also, check for any hidden fees.

The interest rate for your car loan can be affected by your credit score, the loan amount, the loan term, and the bank's policies. Economic conditions may also play a role.

It depends on your individual circumstances. Banks may offer lower interest rates, while dealerships may provide more convenient lending processes. Compare both options to make an informed decision.