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Changan Alsvin 2021 1.5L Advanced Car Loan Calculator in KUWAIT

To finance this car, you can first calculate the installment price in KUWAIT

select car *

car price (KWD)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

KWD 199

Down Payment

KWD 590

Total Cost

KWD 2,978

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 199KWD 2,189
2KWD 199KWD 1,990
3KWD 199KWD 1,791
4KWD 199KWD 1,592
5KWD 199KWD 1,393
6KWD 199KWD 1,194
7KWD 199KWD 995
8KWD 199KWD 796
9KWD 199KWD 597
10KWD 199KWD 398
11KWD 199KWD 199
12KWD 199KWD 0

Monthly Payment Composition

Interest: 3
Principal: 196

Changan Alsvin 2021 1.5L Advanced Car Loan Calculator FAQs in Kuwait

The car loan process typically involves selecting your vehicle, applying for a loan through a bank or financial institution, and providing necessary documents such as proof of income and identification.

Yes, taking out a loan can affect your credit score. Making timely payments can improve it, while missed payments can lower it.

Consider your budget, the interest rates, loan terms, and your ability to make monthly payments before applying.

Factors include your credit score, the amount of down payment, the loan term, and the overall economic conditions in Kuwait.

Yes, you typically need proof of identity, income statements, a copy of your residency permit, and details of the vehicle.