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Suzuki Swift 2023 1.2L GLX 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 3,363

Down Payment

QAR 9,980

Total Cost

QAR 50,336

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 3,363QAR 36,993
2QAR 3,363QAR 33,630
3QAR 3,363QAR 30,267
4QAR 3,363QAR 26,904
5QAR 3,363QAR 23,541
6QAR 3,363QAR 20,178
7QAR 3,363QAR 16,815
8QAR 3,363QAR 13,452
9QAR 3,363QAR 10,089
10QAR 3,363QAR 6,726
11QAR 3,363QAR 3,363
12QAR 3,363QAR 0

Monthly Payment Composition

Interest: 37
Principal: 3326

Suzuki Swift 2023 1.2L GLX Car Loan Calculator FAQs in Qatar

The car loan process typically involves choosing a vehicle, applying for a loan with a bank or financial institution, submitting required documents, and then signing the loan agreement after approval.

Taking a car loan can impact your credit score positively if repayments are made on time, but late payments can negatively affect your score.

Consider your budget, the interest rate offered, the loan term, and any additional fees that may apply before applying for a car loan.

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.

Yes, typically you will need to provide proof of income, identification documents, a copy of the vehicle's registration, and possibly a credit report.

To apply for a car loan in Qatar, you need to gather your documents such as ID, salary certificate, and bank statements. Then, approach a bank or financial institution, fill out an application form, and provide the required documentation for assessment.

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

Factors affecting interest rates include your credit score, the loan term, the bank's policies, and the current economic conditions.

Consider the interest rate, loan terms, monthly payment amounts, and any additional fees or insurance requirements when choosing a loan.

Yes, many banks are open to negotiations regarding the interest rate and terms of the loan, especially if you have a good credit score.