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Accent 1.5L Comfort 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 4,246

Down Payment

AED 12,600

Total Cost

AED 63,552

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,246AED 46,706
2AED 4,246AED 42,460
3AED 4,246AED 38,214
4AED 4,246AED 33,968
5AED 4,246AED 29,722
6AED 4,246AED 25,476
7AED 4,246AED 21,230
8AED 4,246AED 16,984
9AED 4,246AED 12,738
10AED 4,246AED 8,492
11AED 4,246AED 4,246
12AED 4,246AED 0

Monthly Payment Composition

Interest: 46
Principal: 4200

Accent 1.5L Comfort Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, submitting required documents, and then undergoing credit assessment before final approval.

Yes, taking a loan can impact your credit score. If you make timely payments, it can improve your score; however, missing payments can negatively affect it.

Consider factors such as your credit score, interest rates, loan tenure, down payment, and any additional fees associated with the loan.

Interest rates for car loans in the UAE can vary widely but typically range from 3% to 5% per annum, depending on the lender and your creditworthiness.

Yes, additional costs can include insurance, registration fees, and processing fees charged by the bank, so it's important to factor these into your budget.