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Mitsubishi Xpander 2023 1.5L HL Car Loan Calculator in QATAR

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

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car price (QAR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

QAR 4,448

Down Payment

QAR 13,200

Total Cost

QAR 66,576

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 4,448QAR 48,928
2QAR 4,448QAR 44,480
3QAR 4,448QAR 40,032
4QAR 4,448QAR 35,584
5QAR 4,448QAR 31,136
6QAR 4,448QAR 26,688
7QAR 4,448QAR 22,240
8QAR 4,448QAR 17,792
9QAR 4,448QAR 13,344
10QAR 4,448QAR 8,896
11QAR 4,448QAR 4,448
12QAR 4,448QAR 0

Monthly Payment Composition

Interest: 48
Principal: 4400

Mitsubishi Xpander 2023 1.5L HL Car Loan Calculator FAQs in Qatar

To obtain a car loan for a Mitsubishi Xpander 2023 in Qatar, you need to apply at a bank or financial institution. Provide necessary documents such as your ID, proof of income, and vehicle details. The lender will assess your creditworthiness before approving the loan.

Yes, taking out a loan can impact your credit score. If you make timely payments, it can improve your credit score. However, missing payments can negatively affect it.

Key factors to consider include the interest rate, loan term, monthly payments, and any additional fees. It's important to read the terms and conditions carefully.

Interest rates for car loans in Qatar can vary based on the lender, your credit score, and the loan amount. It's advisable to compare rates from different banks.

Typically, you will need to provide a valid ID, proof of income (like salary slips), a bank statement, and details of the vehicle you intend to purchase.