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Accent 1.5L Smart 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 4,034

Down Payment

AED 11,970

Total Cost

AED 60,378

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,034AED 44,374
2AED 4,034AED 40,340
3AED 4,034AED 36,306
4AED 4,034AED 32,272
5AED 4,034AED 28,238
6AED 4,034AED 24,204
7AED 4,034AED 20,170
8AED 4,034AED 16,136
9AED 4,034AED 12,102
10AED 4,034AED 8,068
11AED 4,034AED 4,034
12AED 4,034AED 0

Monthly Payment Composition

Interest: 44
Principal: 3990

Accent 1.5L Smart Car Loan Calculator FAQs in UAE

The car loan process typically involves choosing a lender, submitting required documents, getting loan approval, and finalizing the purchase with the dealership.

Yes, taking a car loan can impact your credit score, especially if you make timely payments, as it can improve your score, while missed payments can lower it.

Factors that can affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.

You should consider your budget, the total cost of the loan, monthly repayments, and whether you can afford insurance and maintenance costs.

Typically, you will need identification, proof of income, bank statements, and details about the vehicle you wish to purchase.