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Nissan Altima 2023 2.5 SV 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 876

Down Payment

BHD 2,599

Total Cost

BHD 13,111

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 876BHD 9,636
2BHD 876BHD 8,760
3BHD 876BHD 7,884
4BHD 876BHD 7,008
5BHD 876BHD 6,132
6BHD 876BHD 5,256
7BHD 876BHD 4,380
8BHD 876BHD 3,504
9BHD 876BHD 2,628
10BHD 876BHD 1,752
11BHD 876BHD 876
12BHD 876BHD 0

Monthly Payment Composition

Interest: 10
Principal: 866

Nissan Altima 2023 2.5 SV Car Loan Calculator FAQs in Bahrain

  • In Bahrain, you can choose from various banks offering auto loans, including fixed and variable rate loans, usually with tenures ranging from 1 to 5 years.
  • You can apply for a car loan by visiting the bank's branch or their website, providing necessary documents such as your ID, salary slips, and proof of residence.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
  • Consider the interest rates, loan terms, monthly payments, and any additional fees before applying for a car loan.
  • Factors include your credit score, the amount of down payment, the loan term, and the current economic conditions.