CarteaCar Loan Calculator

Suzuki Swift 2020 1.2L 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 3,168

Down Payment

QAR 9,400

Total Cost

QAR 47,416

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 3,168QAR 34,848
2QAR 3,168QAR 31,680
3QAR 3,168QAR 28,512
4QAR 3,168QAR 25,344
5QAR 3,168QAR 22,176
6QAR 3,168QAR 19,008
7QAR 3,168QAR 15,840
8QAR 3,168QAR 12,672
9QAR 3,168QAR 9,504
10QAR 3,168QAR 6,336
11QAR 3,168QAR 3,168
12QAR 3,168QAR 0

Monthly Payment Composition

Interest: 35
Principal: 3133

Suzuki Swift 2020 1.2L GLX Car Loan Calculator FAQs in Qatar

The car loan process generally involves selecting the vehicle, applying for the loan through a bank or financial institution, providing necessary documentation, and waiting for loan approval before making the purchase.

Yes, applying for a car loan can temporarily lower your credit score due to the hard inquiry made by lenders. However, if you make timely payments, it can improve your credit score over time.

Consider the interest rate, loan term, monthly payments, total cost of the loan, insurance requirements, and your ability to repay the loan.

Typically, you will need to provide proof of income, identification documents, residency proof, and details about the vehicle you wish to purchase.

Interest rates can be influenced by factors such as the central bank's policy rates, the lender's internal policies, your credit history, and the overall economic conditions in the country.