212 Mechanic Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,650
Down Payment
AED 13,800
Total Cost
AED 69,600
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 4,650 | AED 51,150 |
| 2 | AED 4,650 | AED 46,500 |
| 3 | AED 4,650 | AED 41,850 |
| 4 | AED 4,650 | AED 37,200 |
| 5 | AED 4,650 | AED 32,550 |
| 6 | AED 4,650 | AED 27,900 |
| 7 | AED 4,650 | AED 23,250 |
| 8 | AED 4,650 | AED 18,600 |
| 9 | AED 4,650 | AED 13,950 |
| 10 | AED 4,650 | AED 9,300 |
| 11 | AED 4,650 | AED 4,650 |
| 12 | AED 4,650 | AED 0 |
Monthly Payment Composition
Interest: 50
Principal: 4600
212 Mechanic Car Loan Calculator FAQs in UAE
- A car loan for the 2024 model in UAE is a financial product that allows you to borrow money to purchase a 2024 vehicle, which you will repay over a specified term with interest.
- You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documents like ID, income proof, and vehicle details.
- Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
- You should be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan, including insurance and maintenance.
- Factors that affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.
Popular Cars in UAE
Car Offers in UAE
Aljomaih Ignites the Summer with Exclusive Chevrolet and GMC Offers in Saudi Arabia
Jul 1454
Zeekr Summer Deals: Premium EVs with Zero Down Payment and Free Charger
Jul 1332
An Exceptional Summer with Hongqi in Saudi Arabia: Premium Offers on 2025 Models
Jul 739
Zeekr 2025 Summer Deals by Al Waalan: Premium EV Ownership with Zero Down Payment
Jul 588
Exclusive Summer Offers from Aljomaih on Chevrolet and GMC in Saudi Arabia
Jun 2552