208 1.2T GT Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 5,722
Down Payment
AED 16,980
Total Cost
AED 85,644
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 5,722 | AED 62,942 |
| 2 | AED 5,722 | AED 57,220 |
| 3 | AED 5,722 | AED 51,498 |
| 4 | AED 5,722 | AED 45,776 |
| 5 | AED 5,722 | AED 40,054 |
| 6 | AED 5,722 | AED 34,332 |
| 7 | AED 5,722 | AED 28,610 |
| 8 | AED 5,722 | AED 22,888 |
| 9 | AED 5,722 | AED 17,166 |
| 10 | AED 5,722 | AED 11,444 |
| 11 | AED 5,722 | AED 5,722 |
| 12 | AED 5,722 | AED 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.
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