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Kia Sonet 2024 1.5L 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 4,381

Down Payment

QAR 13,000

Total Cost

QAR 65,572

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 4,381QAR 48,191
2QAR 4,381QAR 43,810
3QAR 4,381QAR 39,429
4QAR 4,381QAR 35,048
5QAR 4,381QAR 30,667
6QAR 4,381QAR 26,286
7QAR 4,381QAR 21,905
8QAR 4,381QAR 17,524
9QAR 4,381QAR 13,143
10QAR 4,381QAR 8,762
11QAR 4,381QAR 4,381
12QAR 4,381QAR 0

Monthly Payment Composition

Interest: 48
Principal: 4333

Kia Sonet 2024 1.5L LX Car Loan Calculator FAQs in Qatar

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documentation, and then signing the loan agreement upon approval.

Yes, taking a car loan can impact your credit score as it involves a hard inquiry on your credit report and the management of your loan payments will also be reflected in your credit history.

Factors that influence the interest rate include your credit score, the loan amount, the loan term, the lender's policies, and the overall economic conditions.

You typically need to provide your identification, proof of income, bank statements, and details about the vehicle, including the purchase agreement.

Yes, additional fees may include processing fees, insurance costs, and potential early repayment penalties depending on the lender's terms.