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Nissan Kicks 2022 1.6 SL 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) *
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interest rate *
%
calculate

Monthly Payment

KWD 371

Down Payment

KWD 1,100

Total Cost

KWD 5,552

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 371KWD 4,081
2KWD 371KWD 3,710
3KWD 371KWD 3,339
4KWD 371KWD 2,968
5KWD 371KWD 2,597
6KWD 371KWD 2,226
7KWD 371KWD 1,855
8KWD 371KWD 1,484
9KWD 371KWD 1,113
10KWD 371KWD 742
11KWD 371KWD 371
12KWD 371KWD 0

Monthly Payment Composition

Interest: 5
Principal: 366

Nissan Kicks 2022 1.6 SL Car Loan Calculator FAQs in Kuwait

The interest rate for auto loans can vary based on the bank and your credit score, typically ranging from 3% to 6%.

You can apply online through the bank's website or visit a branch with your documents, including ID, salary certificate, and bank statements.

Yes, applying for and taking a loan can impact your credit score, especially if payments are missed.

Consider the total cost of the loan, including interest, the loan term, and your monthly budget to ensure affordability.

Factors include economic stability, inflation rates, and government policies that can influence the banking sector.