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Accord 1.5L EX Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 9,092

Down Payment

AED 26,980

Total Cost

AED 136,084

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,092AED 100,012
2AED 9,092AED 90,920
3AED 9,092AED 81,828
4AED 9,092AED 72,736
5AED 9,092AED 63,644
6AED 9,092AED 54,552
7AED 9,092AED 45,460
8AED 9,092AED 36,368
9AED 9,092AED 27,276
10AED 9,092AED 18,184
11AED 9,092AED 9,092
12AED 9,092AED 0

Monthly Payment Composition

Interest: 99
Principal: 8993

Accord 1.5L EX Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose from various bank loans, including fixed-rate, variable-rate, and Islamic financing options for purchasing an Accord 1.5L EX.

You can apply for a car loan online through the bank's website or by visiting a local branch. You'll need to provide personal identification, proof of income, and details about the vehicle.

Yes, taking a car loan can impact your credit score. Responsible repayments can improve your score, while missed payments can negatively affect it.

Consider the interest rate, loan term, monthly payments, and whether the loan includes any hidden fees. Also, evaluate the bank's customer service reputation.

Factors include the central bank's policy rates, your credit score, the loan amount, and the term of the loan. Economic conditions also play a role.