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Nissan Sunny 2023 1.6L 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) *
Y
interest rate *
%
calculate

Monthly Payment

KWD 395

Down Payment

KWD 1,170

Total Cost

KWD 5,910

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1KWD 395KWD 4,345
2KWD 395KWD 3,950
3KWD 395KWD 3,555
4KWD 395KWD 3,160
5KWD 395KWD 2,765
6KWD 395KWD 2,370
7KWD 395KWD 1,975
8KWD 395KWD 1,580
9KWD 395KWD 1,185
10KWD 395KWD 790
11KWD 395KWD 395
12KWD 395KWD 0

Monthly Payment Composition

Interest: 6
Principal: 389

Nissan Sunny 2023 1.6L SL Car Loan Calculator FAQs in Kuwait

In Kuwait, you can choose from various loan options offered by banks, including fixed-rate loans, variable-rate loans, and Islamic financing options.

You can apply for a car loan by visiting a bank branch or applying online. Make sure to have your ID, salary certificate, and any other required documents ready.

Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

Consider your credit score, the interest rate, loan term, and total cost of the loan. It's also important to evaluate your monthly budget.

Factors include the central bank's policy, inflation rates, your creditworthiness, and the specific terms set by individual banks.