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Renault Koleos 2020 2.5L PE 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 5,392

Down Payment

QAR 16,000

Total Cost

QAR 80,704

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 5,392QAR 59,312
2QAR 5,392QAR 53,920
3QAR 5,392QAR 48,528
4QAR 5,392QAR 43,136
5QAR 5,392QAR 37,744
6QAR 5,392QAR 32,352
7QAR 5,392QAR 26,960
8QAR 5,392QAR 21,568
9QAR 5,392QAR 16,176
10QAR 5,392QAR 10,784
11QAR 5,392QAR 5,392
12QAR 5,392QAR 0

Monthly Payment Composition

Interest: 59
Principal: 5333

Renault Koleos 2020 2.5L PE Car Loan Calculator FAQs in Qatar

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and receiving approval before purchasing the vehicle.

Yes, applying for a car loan may temporarily lower your credit score due to the hard inquiry made by lenders.

Consider your monthly budget, interest rates, loan terms, and any additional fees associated with the loan.

A higher interest rate means you will pay more over the life of the loan, increasing the overall cost of the vehicle.

You typically need to provide proof of income, identification, residency proof, and details of the vehicle you wish to purchase.