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2008 1.2T GT (155HP) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

select car *

car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 6,733

Down Payment

AED 19,980

Total Cost

AED 100,776

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,733AED 74,063
2AED 6,733AED 67,330
3AED 6,733AED 60,597
4AED 6,733AED 53,864
5AED 6,733AED 47,131
6AED 6,733AED 40,398
7AED 6,733AED 33,665
8AED 6,733AED 26,932
9AED 6,733AED 20,199
10AED 6,733AED 13,466
11AED 6,733AED 6,733
12AED 6,733AED 0

Monthly Payment Composition

Interest: 73
Principal: 6660

2008 1.2T GT (155HP) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, salary certificate, and the vehicle details, and complete the application form.

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.

Consider factors such as interest rates, loan terms, your monthly budget, and additional fees or insurance requirements before applying.

Factors that influence exchange rates include inflation rates, interest rates, political stability, and economic performance. Fluctuations can affect loan repayments if they are in a foreign currency.