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Geely Okavango 2023 1.5TD Full Option GF 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 519

Down Payment

KWD 1,540

Total Cost

KWD 7,768

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 519KWD 5,709
2KWD 519KWD 5,190
3KWD 519KWD 4,671
4KWD 519KWD 4,152
5KWD 519KWD 3,633
6KWD 519KWD 3,114
7KWD 519KWD 2,595
8KWD 519KWD 2,076
9KWD 519KWD 1,557
10KWD 519KWD 1,038
11KWD 519KWD 519
12KWD 519KWD 0

Monthly Payment Composition

Interest: 6
Principal: 513

Geely Okavango 2023 1.5TD Full Option GF Car Loan Calculator FAQs in Kuwait

To be eligible for a car loan in Kuwait, you typically need to be a resident, over 21 years old, have a stable income, and possess a good credit history.

You can apply for a car loan through banks or financial institutions in Kuwait either online or by visiting a branch. You'll need to provide documents such as identification, proof of income, and vehicle details.

Yes, taking out a car loan can impact your credit score. Timely payments can improve your score, while missed payments can harm it.

Consider the interest rate, loan term, monthly payments, and any additional fees. Also, evaluate different lenders to find the best deal.

Interest rates can be influenced by factors such as the central bank's monetary policy, the borrower's credit score, the loan term, and the overall economic conditions.