CarteaCar Loan Calculator

Nissan Patrol 2020 5.6L LE T1 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 22,577

Down Payment

QAR 67,000

Total Cost

QAR 337,924

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 22,577QAR 248,347
2QAR 22,577QAR 225,770
3QAR 22,577QAR 203,193
4QAR 22,577QAR 180,616
5QAR 22,577QAR 158,039
6QAR 22,577QAR 135,462
7QAR 22,577QAR 112,885
8QAR 22,577QAR 90,308
9QAR 22,577QAR 67,731
10QAR 22,577QAR 45,154
11QAR 22,577QAR 22,577
12QAR 22,577QAR 0

Monthly Payment Composition

Interest: 244
Principal: 22333

Nissan Patrol 2020 5.6L LE T1 Car Loan Calculator FAQs in Qatar

The interest rate for a car loan can vary between banks in Qatar, typically ranging from 3% to 5% depending on your credit score and loan tenure.

You can apply for a car loan by visiting a bank branch, or through their online banking portal. You'll need to provide personal identification, proof of income, and details of the vehicle.

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

Consider your budget, the total cost of the loan, interest rates, loan terms, and whether you can comfortably meet the monthly payments.

Factors that can affect the loan exchange rate include inflation rates, the Central Bank's monetary policy, and demand for loans in the market.