

Kia Cerato 2024 1.6L EX Car Loan Calculator in QATAR
To finance this car, you can first calculate the installment price in QATAR
Monthly Payment
QAR 5,459
Down Payment
QAR 16,200
Total Cost
QAR 81,708
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | QAR 5,459 | QAR 60,049 |
2 | QAR 5,459 | QAR 54,590 |
3 | QAR 5,459 | QAR 49,131 |
4 | QAR 5,459 | QAR 43,672 |
5 | QAR 5,459 | QAR 38,213 |
6 | QAR 5,459 | QAR 32,754 |
7 | QAR 5,459 | QAR 27,295 |
8 | QAR 5,459 | QAR 21,836 |
9 | QAR 5,459 | QAR 16,377 |
10 | QAR 5,459 | QAR 10,918 |
11 | QAR 5,459 | QAR 5,459 |
12 | QAR 5,459 | QAR 0 |
Monthly Payment Composition
Interest: 59
Principal: 5400
Kia Cerato 2024 1.6L EX Car Loan Calculator FAQs in Qatar
In Qatar, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically designed for car purchases. It's best to check with local banks for their specific offerings.
To apply for a car loan, you typically need to provide identification, proof of income, the vehicle's details, and complete the bank's application form. Some banks may also require a down payment.
Yes, taking out a car loan can affect your credit score. It may initially lower your score due to the hard inquiry, but timely payments can improve your score over time.
Consider the loan interest rate, loan term, monthly payment amount, any fees associated with the loan, and your financial situation before committing to a loan.
Car loan interest rates can be influenced by factors such as the central bank's policy rates, inflation, the borrower's creditworthiness, and the overall economic conditions in Qatar.
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