CarteaCar Loan Calculator

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

In Qatar, you can find various loan options from banks and financial institutions, typically including personal loans and auto loans specifically designed for vehicle purchases.

To apply for a car loan, you typically need to visit a bank, fill out an application, provide necessary documents such as proof of income, and sometimes a down payment is required.

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

Be aware of the interest rates, loan terms, and any additional fees. It's also important to read the terms and conditions carefully before signing any agreements.

Factors that can influence loan rates include your credit score, the amount of the down payment, the loan term, and the overall economic conditions in Qatar.