CarteaCar Loan Calculator

RAM 1500 2018 Longhorn Crew Cab 5.7L 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 978

Down Payment

BHD 2,900

Total Cost

BHD 14,636

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 978BHD 10,758
2BHD 978BHD 9,780
3BHD 978BHD 8,802
4BHD 978BHD 7,824
5BHD 978BHD 6,846
6BHD 978BHD 5,868
7BHD 978BHD 4,890
8BHD 978BHD 3,912
9BHD 978BHD 2,934
10BHD 978BHD 1,956
11BHD 978BHD 978
12BHD 978BHD 0

Monthly Payment Composition

Interest: 12
Principal: 966

RAM 1500 2018 Longhorn Crew Cab 5.7L Car Loan Calculator FAQs in Bahrain

  • In Bahrain, you can explore various loan options such as personal loans from banks or financing through car dealerships. It's best to compare interest rates and terms.
  • To apply for a car loan, you need to gather necessary documents such as your ID, proof of income, and bank statements. Then, approach a bank or dealership to start the application process.
  • Yes, taking out a car loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.
  • Be aware of the interest rates, loan terms, and any hidden fees. Also, understand the total cost of the loan over its duration.
  • Factors that can affect loan interest rates include your credit score, the loan amount, the duration of the loan, and the bank's policies.