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500 Signature 2.0T HEV 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 195,000
Down PaymentAED 39,000
  • Monthly PaymentAED 13,142
  • Total CostAED 196,704
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 13,142AED 144,562
2AED 13,142AED 131,420
3AED 13,142AED 118,278
4AED 13,142AED 105,136
5AED 13,142AED 91,994
6AED 13,142AED 78,852
7AED 13,142AED 65,710
8AED 13,142AED 52,568
9AED 13,142AED 39,426
10AED 13,142AED 26,284
11AED 13,142AED 13,142
12AED 13,142AED 0

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500 Signature 2.0T HEV Car Loan Calculator FAQs in UAE

  • The loan process typically involves submitting a loan application, providing necessary documentation such as proof of income and identification, and then waiting for the bank's approval before finalizing the purchase.
  • Yes, taking out a loan can affect your credit score as it adds to your credit history and utilization rate. Timely payments can improve your score, while missed payments can harm it.
  • Consider your credit score, the loan interest rates, the loan term, monthly payments, and any additional fees or insurance requirements.
  • Interest rates for car loans in the UAE can vary widely but typically range from 3% to 6% depending on the lender and your credit profile.
  • The exchange rate can affect the overall cost of the vehicle if you're importing it or if the loan is in a foreign currency. Fluctuations can lead to higher or lower payments.