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Honda City 2023 1.5L EX 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 4,650

Down Payment

QAR 13,800

Total Cost

QAR 69,600

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 4,650QAR 51,150
2QAR 4,650QAR 46,500
3QAR 4,650QAR 41,850
4QAR 4,650QAR 37,200
5QAR 4,650QAR 32,550
6QAR 4,650QAR 27,900
7QAR 4,650QAR 23,250
8QAR 4,650QAR 18,600
9QAR 4,650QAR 13,950
10QAR 4,650QAR 9,300
11QAR 4,650QAR 4,650
12QAR 4,650QAR 0

Monthly Payment Composition

Interest: 51
Principal: 4599

Honda City 2023 1.5L EX Car Loan Calculator FAQs in Qatar

The car loan process typically involves contacting a bank or financial institution, submitting necessary documents, and filling out a loan application. Once approved, you can finalize the purchase.

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

Factors include your credit score, the loan amount, the loan term, and the current market rates.

Common documents include proof of income, identification, residence proof, and details of the vehicle you wish to purchase.

Yes, there may be processing fees, insurance costs, and other administrative fees involved when obtaining a car loan.