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Renault Koleos 2023 2.5L LE (4WD) 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 853

Down Payment

BHD 2,530

Total Cost

BHD 12,766

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 853BHD 9,383
2BHD 853BHD 8,530
3BHD 853BHD 7,677
4BHD 853BHD 6,824
5BHD 853BHD 5,971
6BHD 853BHD 5,118
7BHD 853BHD 4,265
8BHD 853BHD 3,412
9BHD 853BHD 2,559
10BHD 853BHD 1,706
11BHD 853BHD 853
12BHD 853BHD 0

Monthly Payment Composition

Interest: 10
Principal: 843

Renault Koleos 2023 2.5L LE (4WD) Car Loan Calculator FAQs in Bahrain

To be eligible for a car loan, you typically need to be at least 21 years old, have a steady income, and provide necessary documents such as your ID, proof of residence, and salary certificate.

Taking a car loan can affect your credit score positively if you make your payments on time. However, missing payments can lower your score.

Consider the interest rate, loan term, monthly payments, and any additional fees. Ensure that the total cost fits within your budget.

The interest rate can be influenced by your credit score, the loan amount, the term of the loan, and the lender's policies.

Yes, you can refinance your car loan if you find a better interest rate, which may lower your monthly payments or the total interest paid.