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Geely Coolray 2024 1.5T Full Option Car Loan Calculator in KUWAIT

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

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car price (KWD)*

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

Monthly Payment

KWD 472

Down Payment

KWD 1,400

Total Cost

KWD 7,064

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 472KWD 5,192
2KWD 472KWD 4,720
3KWD 472KWD 4,248
4KWD 472KWD 3,776
5KWD 472KWD 3,304
6KWD 472KWD 2,832
7KWD 472KWD 2,360
8KWD 472KWD 1,888
9KWD 472KWD 1,416
10KWD 472KWD 944
11KWD 472KWD 472
12KWD 472KWD 0

Monthly Payment Composition

Interest: 6
Principal: 466

Geely Coolray 2024 1.5T Full Option Car Loan Calculator FAQs in Kuwait

The car loan process typically involves applying through a bank or financial institution, providing necessary documents such as proof of income, identification, and details of the vehicle, followed by loan approval and disbursement.

Yes, taking a car loan can affect your credit score. It may improve your score if you make timely payments, but missing payments can negatively impact it.

Consider your monthly budget, the interest rates offered, the total loan amount, and the loan term. Additionally, check for any hidden fees associated with the loan.

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the current economic conditions in Kuwait.

Yes, typically you will need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.