CarteaCar Loan Calculator

Toyota Corolla 2018 1.6L Limited 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 4,516

Down Payment

QAR 13,400

Total Cost

QAR 67,592

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1QAR 4,516QAR 49,676
2QAR 4,516QAR 45,160
3QAR 4,516QAR 40,644
4QAR 4,516QAR 36,128
5QAR 4,516QAR 31,612
6QAR 4,516QAR 27,096
7QAR 4,516QAR 22,580
8QAR 4,516QAR 18,064
9QAR 4,516QAR 13,548
10QAR 4,516QAR 9,032
11QAR 4,516QAR 4,516
12QAR 4,516QAR 0

Monthly Payment Composition

Interest: 50
Principal: 4466

Toyota Corolla 2018 1.6L Limited Car Loan Calculator FAQs in Qatar

In Qatar, you can choose from various financing options such as bank loans, dealership financing, and personal loans. It's essential to compare interest rates and terms.

To apply for a car loan, you need to provide personal documents, proof of income, and the vehicle's details. You can apply online or at a bank branch.

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

Be aware of the interest rates, loan terms, and any additional fees. Ensure you understand the total cost of the loan over its duration.

Factors include your credit score, loan amount, loan term, and the bank's policies. Economic conditions can also influence rates.