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LX600 F Sport 3.5L 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 3,547

Down Payment

KWD 10,524

Total Cost

KWD 53,088

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 3,547KWD 39,017
2KWD 3,547KWD 35,470
3KWD 3,547KWD 31,923
4KWD 3,547KWD 28,376
5KWD 3,547KWD 24,829
6KWD 3,547KWD 21,282
7KWD 3,547KWD 17,735
8KWD 3,547KWD 14,188
9KWD 3,547KWD 10,641
10KWD 3,547KWD 7,094
11KWD 3,547KWD 3,547
12KWD 3,547KWD 0

Monthly Payment Composition

Interest: 39
Principal: 3508

LX600 F Sport 3.5L Car Loan Calculator FAQs in Kuwait

The car loan process typically involves submitting a loan application, providing necessary documents such as proof of income and identification, and getting approval from the bank. Once approved, you can finalize the purchase.

Yes, taking a loan can impact your credit score. It may initially lower your score due to the credit inquiry, but if you make timely payments, it can improve your score over time.

Key factors include your credit history, income level, the loan amount, interest rates, and the loan term. It's also important to compare offers from different banks.

Yes, banks typically require borrowers to be at least 21 years old, have a stable income, and provide proof of employment. Additional requirements may vary by bank.

Interest rates can be influenced by factors such as the central bank's policy, inflation rates, the borrower’s credit score, and the overall economic conditions in Kuwait.