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408 ALLURE 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 8,694

Down Payment

AED 25,800

Total Cost

AED 130,128

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,694AED 95,634
2AED 8,694AED 86,940
3AED 8,694AED 78,246
4AED 8,694AED 69,552
5AED 8,694AED 60,858
6AED 8,694AED 52,164
7AED 8,694AED 43,470
8AED 8,694AED 34,776
9AED 8,694AED 26,082
10AED 8,694AED 17,388
11AED 8,694AED 8,694
12AED 8,694AED 0

Monthly Payment Composition

Interest: 94
Principal: 8600

408 ALLURE Car Loan Calculator FAQs in UAE

To be eligible for a car loan for a 408 ALLURE in UAE, you typically need to be a resident, at least 21 years old, have a stable income, and provide necessary documents like ID and salary certificates.

You can apply for a car loan either online through the bank's website or by visiting a bank branch. You will need to fill out an application form and submit required documents.

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

Consider the interest rate, loan tenure, your monthly budget, and any additional fees that may be associated with the loan.

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