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Geely Coolray 2021 1.5TD GL-Sport 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 3,977

Down Payment

QAR 11,800

Total Cost

QAR 59,524

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 3,977QAR 43,747
2QAR 3,977QAR 39,770
3QAR 3,977QAR 35,793
4QAR 3,977QAR 31,816
5QAR 3,977QAR 27,839
6QAR 3,977QAR 23,862
7QAR 3,977QAR 19,885
8QAR 3,977QAR 15,908
9QAR 3,977QAR 11,931
10QAR 3,977QAR 7,954
11QAR 3,977QAR 3,977
12QAR 3,977QAR 0

Monthly Payment Composition

Interest: 44
Principal: 3933

Geely Coolray 2021 1.5TD GL-Sport Car Loan Calculator FAQs in Qatar

Interest rates for car loans in Qatar typically range from 3% to 5% depending on the bank and your credit score.

You can apply for a car loan by visiting your bank's website or branch, filling out a loan application form, and providing necessary documents like income proof and identification.

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

Be aware of the total cost of the loan, including interest rates, additional fees, and your ability to make monthly payments.

Factors that can affect the loan exchange rate include economic conditions, inflation rates, and changes in the central bank's policies.

The car loan process typically involves selecting the vehicle, applying for the loan through a bank or financial institution, providing necessary documents, and signing the loan agreement.

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

Typically, you will need proof of income, identification, residency proof, and details about the vehicle.

Factors include your credit score, the loan term, the bank's policies, and current market interest rates.

Some banks may charge processing fees, early repayment penalties, or insurance fees. It's important to read the loan agreement carefully.