HomeCar Loan Calculator

Geely Coolray 2023 1.5TD Basic GS 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 4,172

Down Payment

QAR 12,380

Total Cost

QAR 62,444

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 4,172QAR 45,892
2QAR 4,172QAR 41,720
3QAR 4,172QAR 37,548
4QAR 4,172QAR 33,376
5QAR 4,172QAR 29,204
6QAR 4,172QAR 25,032
7QAR 4,172QAR 20,860
8QAR 4,172QAR 16,688
9QAR 4,172QAR 12,516
10QAR 4,172QAR 8,344
11QAR 4,172QAR 4,172
12QAR 4,172QAR 0

Monthly Payment Composition

Interest: 46
Principal: 4126

Geely Coolray 2023 1.5TD Basic GS Car Loan Calculator FAQs in Qatar

In Qatar, you can choose from various banks that offer auto loans, including fixed and floating interest rates, with repayment terms typically ranging from 1 to 7 years.

To apply for a car loan, you need to visit your preferred bank, provide necessary documents like your ID, salary certificate, and proof of residency, and fill out the application form.

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

Consider the interest rates, loan tenure, monthly payments, your budget, and whether you can afford the insurance and maintenance costs.

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

In Qatar, you can avail of various loan options from banks, including fixed-rate loans, variable-rate loans, and personal loans specifically tailored for car purchases.

You can apply for a car loan by visiting the bank of your choice, filling out an application form, and providing necessary documents like your ID, proof of income, and vehicle details.

Yes, taking a car loan may affect your credit score. If you make timely payments, it can improve your score, but missed payments can lower it.

Consider the interest rates, loan terms, your budget for monthly payments, and any additional fees or insurance requirements.

Factors affecting loan interest rates include your credit score, the loan amount, repayment term, and the bank's policies.