CarteaCar Loan Calculator

Toyota Corolla 2018 1.6 S 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 4,010

Down Payment

QAR 11,900

Total Cost

QAR 60,020

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 4,010QAR 44,110
2QAR 4,010QAR 40,100
3QAR 4,010QAR 36,090
4QAR 4,010QAR 32,080
5QAR 4,010QAR 28,070
6QAR 4,010QAR 24,060
7QAR 4,010QAR 20,050
8QAR 4,010QAR 16,040
9QAR 4,010QAR 12,030
10QAR 4,010QAR 8,020
11QAR 4,010QAR 4,010
12QAR 4,010QAR 0

Monthly Payment Composition

Interest: 44
Principal: 3966

Toyota Corolla 2018 1.6 S Car Loan Calculator FAQs in Qatar

In Qatar, you can choose from various loan options such as personal loans, auto loans, and financing through the dealership. Each option has different terms and interest rates.

To apply for a car loan, you need to gather your financial documents, fill out a loan application at your chosen bank or dealership, and provide necessary identification and proof of income.

Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.

You should be aware of the interest rates, loan tenure, any additional fees, and the total cost of the loan over time. Understanding these factors will help you make an informed decision.

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