CarteaCar Loan Calculator

Changan Eado 2021 1.6L GDI Limited Car Loan Calculator in QATAR

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

select car *

car price (QAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

QAR 3,303

Down Payment

QAR 9,800

Total Cost

QAR 49,436

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 3,303QAR 36,333
2QAR 3,303QAR 33,030
3QAR 3,303QAR 29,727
4QAR 3,303QAR 26,424
5QAR 3,303QAR 23,121
6QAR 3,303QAR 19,818
7QAR 3,303QAR 16,515
8QAR 3,303QAR 13,212
9QAR 3,303QAR 9,909
10QAR 3,303QAR 6,606
11QAR 3,303QAR 3,303
12QAR 3,303QAR 0

Monthly Payment Composition

Interest: 37
Principal: 3266

Changan Eado 2021 1.6L GDI Limited Car Loan Calculator FAQs in Qatar

In Qatar, you can typically choose between conventional car loans, Islamic financing options, and personal loans. It's best to compare rates and terms from various banks.

To apply for a car loan, you need to gather necessary documents such as your ID, proof of income, and bank statements, then submit your application to the bank of your choice.

Yes, applying for a car loan can affect your credit score as banks will perform a credit check. Multiple inquiries in a short time may lower your score.

Be aware of the loan interest rates, terms of repayment, any hidden fees, and ensure you can afford the monthly payments before committing.

Interest rates can be influenced by the central bank's policies, the overall economic conditions, your credit score, and the type of loan you choose.

In Qatar, you can choose from various financing options such as bank loans, dealership financing, and personal loans tailored for car purchases.

To apply for a car loan, you typically need to provide proof of identity, income, and residence, along with the vehicle details at your chosen bank or financial institution.

Yes, taking a car loan can affect 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 additional fees. It's also important to understand the total cost of the loan over its duration.

Factors include the current interest rates, inflation, overall economic conditions, and the policies of the Central Bank of Qatar.