CarteaCar Loan Calculator

Kia Picanto 2023 1.2L LX 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 3,033

Down Payment

QAR 9,000

Total Cost

QAR 45,396

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 3,033QAR 33,363
2QAR 3,033QAR 30,330
3QAR 3,033QAR 27,297
4QAR 3,033QAR 24,264
5QAR 3,033QAR 21,231
6QAR 3,033QAR 18,198
7QAR 3,033QAR 15,165
8QAR 3,033QAR 12,132
9QAR 3,033QAR 9,099
10QAR 3,033QAR 6,066
11QAR 3,033QAR 3,033
12QAR 3,033QAR 0

Monthly Payment Composition

Interest: 33
Principal: 3000

Kia Picanto 2023 1.2L LX Car Loan Calculator FAQs in Qatar

You can choose from various financing options including bank loans, dealership financing, or leasing agreements. It's best to compare terms and interest rates from multiple providers.

To apply for a car loan, you'll need to provide necessary documentation such as your ID, proof of income, and details about the vehicle. You can apply online or visit a bank branch.

Yes, taking out a car loan can impact your credit score. Timely payments may improve your score, while missed payments can decrease it.

Consider the interest rates, loan terms, monthly payments, and any additional fees. It's also important to check your credit score before applying.

Interest rates can be affected by factors such as your credit score, the loan amount, the term of the loan, and the lender's policies.