What are the eligibility requirements for a car loan for the Hyundai Palisade 2024 in Qatar?

To be eligible for a car loan, you typically need to be at least 21 years old, have a steady income, and a good credit score.

How does the loan process work for purchasing a Hyundai Palisade in Qatar?

The loan process typically involves applying for a loan through a bank, providing necessary documents, and getting approval before purchasing the vehicle.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score, especially if you make timely payments or default on the loan.

What are the key factors to consider when applying for a car loan in Qatar?

Key factors include the interest rate, loan term, monthly payments, and total cost of the loan.

What factors influence the car loan interest rates in Qatar?

Interest rates can be influenced by the central bank's policies, inflation rates, and the borrower's credit profile.

CarteaCar Loan Calculator

Hyundai Palisade 2024 3.8L GDi (AWD) Premium Car Loan Calculator in QATAR

To finance this car, you can first calculate the installment price in QATAR

Monthly Payment

QAR 13,472

Down Payment

QAR 39,980

Total Cost

QAR 201,644

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	QAR 13,472	QAR 148,192
2	QAR 13,472	QAR 134,720
3	QAR 13,472	QAR 121,248
4	QAR 13,472	QAR 107,776
5	QAR 13,472	QAR 94,304
6	QAR 13,472	QAR 80,832
7	QAR 13,472	QAR 67,360
8	QAR 13,472	QAR 53,888
9	QAR 13,472	QAR 40,416
10	QAR 13,472	QAR 26,944
11	QAR 13,472	QAR 13,472
12	QAR 13,472	QAR 0

Monthly Payment Composition

Interest: 146

Principal: 13326

Hyundai Palisade 2024 3.8L GDi (AWD) Premium Car Loan Calculator FAQs in Qatar

To be eligible for a car loan, you typically need to be at least 21 years old, have a steady income, and a good credit score.
The loan process typically involves applying for a loan through a bank, providing necessary documents, and getting approval before purchasing the vehicle.
Yes, taking a car loan can affect your credit score, especially if you make timely payments or default on the loan.
Key factors include the interest rate, loan term, monthly payments, and total cost of the loan.
Interest rates can be influenced by the central bank's policies, inflation rates, and the borrower's credit profile.