HomeCar Loan Calculator

Mitsubishi Pajero 2024 3.5L GLS 5 Door 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

Mitsubishi Pajero 2024 3.5L GLS 5 Door Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically designed for vehicle purchases. Most banks offer tailored financing solutions.

To apply for a car loan, you need to visit your chosen bank or apply online. You will typically need to provide documents such as your ID, proof of income, and details of the vehicle.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can damage it. It's essential to manage your loan responsibly.

Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the current market conditions. Lenders assess these factors when determining your rate.

Be aware of the total cost of the loan, including interest, fees, and insurance. Understand the terms and conditions, and ensure that you can afford the monthly payments.