CarteaCar Loan Calculator

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

In Qatar, you can choose from various financing options such as bank loans, dealership financing, and personal loans, each with different terms and interest rates.

To apply for a car loan, visit your chosen bank or financial institution, provide necessary documents like your ID, salary statements, and vehicle details, and fill out the loan application form.

Yes, taking out a loan can affect your credit score. Regular payments can improve it, while missed payments can harm it.

Consider factors such as the interest rate, loan tenure, monthly installments, total cost of the vehicle, and your repayment capacity.

Factors that affect the loan interest rate include the central bank's base rate, your credit score, loan amount, and tenure, as well as market conditions.