CarteaCar Loan Calculator

Geely Coolray 2022 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 4,179

Down Payment

QAR 12,400

Total Cost

QAR 62,548

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 4,179QAR 45,969
2QAR 4,179QAR 41,790
3QAR 4,179QAR 37,611
4QAR 4,179QAR 33,432
5QAR 4,179QAR 29,253
6QAR 4,179QAR 25,074
7QAR 4,179QAR 20,895
8QAR 4,179QAR 16,716
9QAR 4,179QAR 12,537
10QAR 4,179QAR 8,358
11QAR 4,179QAR 4,179
12QAR 4,179QAR 0

Monthly Payment Composition

Interest: 46
Principal: 4133

Geely Coolray 2022 1.5TD GL-Sport Car Loan Calculator FAQs in Qatar

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

To apply for a car loan, you typically need to provide identification, proof of income, and details about the vehicle. You can apply through a bank or financing company.

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

Consider the interest rate, loan term, total cost of the loan, monthly payments, and your financial situation before committing to a loan.

Factors include your credit score, loan amount, loan tenure, bank policies, and prevailing market interest rates.

The car loan process typically involves selecting the vehicle, submitting a loan application to the bank, providing necessary documentation, and awaiting approval before finalizing the purchase.

Yes, taking a car loan can impact your credit score as it shows your ability to manage debt. Timely payments can improve your score, while missed payments can harm it.

Before applying, consider your budget, interest rates, loan terms, down payment requirements, and your current credit score.

Factors affecting loan interest rates include the central bank's policy, your credit score, the loan amount, and the duration of the loan.

Typically, a down payment of 20% to 30% of the car's value is required for a car loan in Qatar, but this may vary depending on the bank's policies.