Car Loan Calculator

June 26, 2021

According to your current and future needs, you can calculate your financing amount conveniently through our car loan calculator.
We’ve made it easy for you to make your plans when applying for a loan to buy a new car in Kuwait.

Go ahead and see how easy it is to use by downloading FinFirst, we will help you choose your car (used or new), define an interests rate that suits your financing and even add an auto insurance to your deal. Leave it to us we’ve made financing easy.

Car Loan Calculator, Interests and installments

Use our auto loan calculator to estimate your monthly car loan installments. After choosing your favorite car brand from our endless list, you will be able to set your loan details, taking into consideration your financial situation.
The main reasons that affects your financing are the following:

1. Vehicle Price
2. Down Payment
3. Payment Period

How much are you looking to borrow?

Using the auto loan calculator, You can check  how much your monthly payments could be. You can adjust length of loan, down payment and interest rate to see how those changes raise or lower your auto payments.

Installments

Your loan term or the amount of time you’ll be paying back the loan will impact the price of your monthly car payments. With a shorter-term auto loan, your monthly payments will be higher, but you will have a lower APR (Annual Percentage Rate) and pay less in interest in the long-run. Use our auto loan calculator to see the difference in monthly payments and interest paid depending on the term of the auto loan.

Is your car new or used?

Most APRs will be higher for a used car auto loan since used car values can vary greatly depending on the year of production, condition and miles driven.

Interest rate

Enter an interest rate based on your credit score and loan term. How your credit score is calculated.

Car loan calculator

The auto loan calculator will display your estimated monthly auto payment and will add your figures together to see the total amount you will pay for your new or used car over the life of the loan. Our mission is to enable you to make smarter financial decisions when considering auto loan in Kuwait.

How to get a good deal when applying for car loan? check out this article.

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