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Honda City 2024 1.5L LX 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 4,785

Down Payment

QAR 14,200

Total Cost

QAR 71,620

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 4,785QAR 52,635
2QAR 4,785QAR 47,850
3QAR 4,785QAR 43,065
4QAR 4,785QAR 38,280
5QAR 4,785QAR 33,495
6QAR 4,785QAR 28,710
7QAR 4,785QAR 23,925
8QAR 4,785QAR 19,140
9QAR 4,785QAR 14,355
10QAR 4,785QAR 9,570
11QAR 4,785QAR 4,785
12QAR 4,785QAR 0

Monthly Payment Composition

Interest: 52
Principal: 4733

Honda City 2024 1.5L LX Sport Car Loan Calculator FAQs in Qatar

In Qatar, various banks offer auto loans with competitive interest rates. You can choose between fixed-rate loans and variable-rate loans, typically with terms ranging from 1 to 5 years.

You can apply for a car loan by visiting a bank branch or applying online. You'll need to submit documents such as your ID, proof of income, and details of the vehicle.

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

Consider the interest rates, loan terms, monthly payment amounts, and your ability to repay the loan. Also, check for any hidden fees.

Factors include your credit score, the bank's policies, the loan term, and the type of vehicle being financed.