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Kia Seltos 2024 1.6L 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 5,055

Down Payment

QAR 15,000

Total Cost

QAR 75,660

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 5,055QAR 55,605
2QAR 5,055QAR 50,550
3QAR 5,055QAR 45,495
4QAR 5,055QAR 40,440
5QAR 5,055QAR 35,385
6QAR 5,055QAR 30,330
7QAR 5,055QAR 25,275
8QAR 5,055QAR 20,220
9QAR 5,055QAR 15,165
10QAR 5,055QAR 10,110
11QAR 5,055QAR 5,055
12QAR 5,055QAR 0

Monthly Payment Composition

Interest: 55
Principal: 5000

Kia Seltos 2024 1.6L EX Car Loan Calculator FAQs in Qatar

To obtain a car loan for a Kia Seltos 2024 1.6L EX in Qatar, you typically need to apply through a bank or financial institution, provide necessary documents such as ID, proof of income, and the vehicle's details. After assessment, the bank will offer loan terms based on your financial status.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

When applying for a car loan, consider the interest rate, loan term, monthly payments, and any additional fees. It's also important to check your credit score and ensure you can afford the loan payments.

Interest rates for car loans in Qatar vary by bank and can range from 3% to 7% depending on your creditworthiness and the bank's policies.

Common documents required for a car loan application in Qatar include a valid ID, proof of income (salary slips or bank statements), residency permit, and the vehicle's purchase agreement.