HomeCar Loan Calculator

Renault Megane 2020 1.6L PE Car Loan Calculator in BAHRAIN

To finance this car, you can first calculate the installment price in BAHRAIN

Monthly Payment

BHD 398

Down Payment

BHD 1,180

Total Cost

BHD 5,956

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 398	BHD 4,378
2	BHD 398	BHD 3,980
3	BHD 398	BHD 3,582
4	BHD 398	BHD 3,184
5	BHD 398	BHD 2,786
6	BHD 398	BHD 2,388
7	BHD 398	BHD 1,990
8	BHD 398	BHD 1,592
9	BHD 398	BHD 1,194
10	BHD 398	BHD 796
11	BHD 398	BHD 398
12	BHD 398	BHD 0

Monthly Payment Composition

Interest: 5

Principal: 393

Renault Megane 2020 1.6L PE Car Loan Calculator FAQs in Bahrain

To qualify for a car loan in Bahrain, you typically need to be at least 21 years old, have a steady income, and provide identification and proof of residency.

You can apply for a car loan in Bahrain through banks or financial institutions either online or by visiting their branches. You'll need to submit necessary documents such as your ID, proof of income, and car details.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

Consider factors such as the interest rate, loan term, monthly payments, and any additional fees associated with the loan.

Factors include your credit score, the lender's policies, market conditions, and the loan amount and term.