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208 1.2T GT 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 5,722

Down Payment

AED 16,980

Total Cost

AED 85,644

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,722AED 62,942
2AED 5,722AED 57,220
3AED 5,722AED 51,498
4AED 5,722AED 45,776
5AED 5,722AED 40,054
6AED 5,722AED 34,332
7AED 5,722AED 28,610
8AED 5,722AED 22,888
9AED 5,722AED 17,166
10AED 5,722AED 11,444
11AED 5,722AED 5,722
12AED 5,722AED 0

Monthly Payment Composition

Interest: 62
Principal: 5660

208 1.2T GT Car Loan Calculator FAQs in UAE

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

Taking a car loan can impact your credit score positively if you make timely payments. However, missed payments can negatively affect your score.

Typically, you will need to provide your Emirates ID, proof of income, bank statements, and sometimes a credit report when applying for a car loan.

Factors that can affect your interest rate include your credit score, loan amount, loan term, and the bank's current lending policies.

Yes, there can be hidden fees such as processing fees, insurance, and early repayment penalties. It's important to review the loan terms thoroughly before signing.