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Renault Megane 2022 1.6L PE 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 403

Down Payment

BHD 1,196

Total Cost

BHD 6,032

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1BHD 403BHD 4,433
2BHD 403BHD 4,030
3BHD 403BHD 3,627
4BHD 403BHD 3,224
5BHD 403BHD 2,821
6BHD 403BHD 2,418
7BHD 403BHD 2,015
8BHD 403BHD 1,612
9BHD 403BHD 1,209
10BHD 403BHD 806
11BHD 403BHD 403
12BHD 403BHD 0

Monthly Payment Composition

Interest: 5
Principal: 398

Renault Megane 2022 1.6L PE Car Loan Calculator FAQs in Bahrain

In Bahrain, you can typically choose between bank financing, dealership financing, or personal loans. Each option has its own terms and interest rates.

You can apply for a car loan by visiting your preferred bank or dealership, providing required documents such as your ID, income proof, and vehicle details.

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.

Consider the interest rates, loan terms, your budget for monthly payments, and any additional fees associated with the loan.

Factors include your credit score, the loan amount, loan tenure, and the bank's current interest rate policies.