HomeCar Loan Calculator

Genesis GV80 2023 2.5T Prestige (AWD) 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 1,291

Down Payment

KWD 3,830

Total Cost

KWD 19,322

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 1,291KWD 14,201
2KWD 1,291KWD 12,910
3KWD 1,291KWD 11,619
4KWD 1,291KWD 10,328
5KWD 1,291KWD 9,037
6KWD 1,291KWD 7,746
7KWD 1,291KWD 6,455
8KWD 1,291KWD 5,164
9KWD 1,291KWD 3,873
10KWD 1,291KWD 2,582
11KWD 1,291KWD 1,291
12KWD 1,291KWD 0

Monthly Payment Composition

Interest: 15
Principal: 1276

Genesis GV80 2023 2.5T Prestige (AWD) Car Loan Calculator FAQs in Kuwait

The main requirements typically include proof of income, residency documents, a valid Kuwait ID, and a good credit history.

Taking a car loan can impact your credit score positively if payments are made on time, but late payments can lower your score.

Consider the interest rate, loan term, monthly payment amount, and any additional fees or insurance requirements.

Interest rates for car loans in Kuwait typically range from 3% to 5%, depending on the bank and the borrower's credit profile.

Yes, many banks are open to negotiation, especially on interest rates and fees, so it's advisable to discuss your options.