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LX600 Prestige 3.5L 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 2,881

Down Payment

KWD 8,548

Total Cost

KWD 43,120

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 2,881KWD 31,691
2KWD 2,881KWD 28,810
3KWD 2,881KWD 25,929
4KWD 2,881KWD 23,048
5KWD 2,881KWD 20,167
6KWD 2,881KWD 17,286
7KWD 2,881KWD 14,405
8KWD 2,881KWD 11,524
9KWD 2,881KWD 8,643
10KWD 2,881KWD 5,762
11KWD 2,881KWD 2,881
12KWD 2,881KWD 0

Monthly Payment Composition

Interest: 32
Principal: 2849

LX600 Prestige 3.5L Car Loan Calculator FAQs in Kuwait

The loan process involves applying for a car loan through a bank or financial institution, providing necessary documents like income proof, identity, and vehicle details, and waiting for approval.

Yes, taking a loan will impact your credit score as it increases your debt-to-income ratio. Regular payments can improve your score over time.

Factors include your credit score, loan amount, loan term, and the bank's current interest rates.

You will need a copy of your ID, proof of income, bank statements, and details of the vehicle you wish to purchase.

Be aware of the total cost of the loan, including interest rates, additional fees, and the loan repayment term. Ensure you can afford the monthly payments.