

Raize Limited Car Loan Calculator in BAHRAIN
To finance this car, you can first calculate the installment price in BAHRAIN
Monthly Payment
BHD 500
Down Payment
BHD 1,482
Total Cost
BHD 7,482
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | BHD 500 | BHD 5,500 |
2 | BHD 500 | BHD 5,000 |
3 | BHD 500 | BHD 4,500 |
4 | BHD 500 | BHD 4,000 |
5 | BHD 500 | BHD 3,500 |
6 | BHD 500 | BHD 3,000 |
7 | BHD 500 | BHD 2,500 |
8 | BHD 500 | BHD 2,000 |
9 | BHD 500 | BHD 1,500 |
10 | BHD 500 | BHD 1,000 |
11 | BHD 500 | BHD 500 |
12 | BHD 500 | BHD 0 |
Monthly Payment Composition
Interest: 7
Principal: 493
Raize Limited Car Loan Calculator FAQs in Bahrain
Raize Limited car loan in Bahrain is a financing option that allows individuals to purchase vehicles by borrowing money from the bank and paying it back over time with interest.
To apply for a car loan with Raize Limited, you need to visit their branch or apply online, providing necessary documents such as identification, 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 lower it.
When taking a car loan, be aware of the interest rates, loan terms, monthly payments, and any additional fees or charges.
Factors that influence loan interest rates include your credit score, the loan amount, loan term, and prevailing market conditions.
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