CarteaCar Loan Calculator

Suzuki Ertiga 2020 1.5L GLX 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 3,606

Down Payment

QAR 10,700

Total Cost

QAR 53,972

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 3,606QAR 39,666
2QAR 3,606QAR 36,060
3QAR 3,606QAR 32,454
4QAR 3,606QAR 28,848
5QAR 3,606QAR 25,242
6QAR 3,606QAR 21,636
7QAR 3,606QAR 18,030
8QAR 3,606QAR 14,424
9QAR 3,606QAR 10,818
10QAR 3,606QAR 7,212
11QAR 3,606QAR 3,606
12QAR 3,606QAR 0

Monthly Payment Composition

Interest: 40
Principal: 3566

Suzuki Ertiga 2020 1.5L GLX 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 documents, and then signing the loan agreement once approved.

Yes, taking a car loan can affect your credit score as it adds to your credit history. Timely payments can improve your score, while missed payments can harm it.

Consider your credit score, the interest rate, loan tenure, down payment, and your monthly budget to ensure you can meet repayment obligations.

Interest rates can vary based on the bank, your credit score, the loan amount, and the loan duration. It is advisable to shop around for the best rates.

Typically, you will need to provide identification, proof of income, bank statements, and details of the vehicle you intend to purchase.