Accord 1.5L EXL Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 9,765
Down Payment
AED 28,980
Total Cost
AED 146,160
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 9,765 | AED 107,415 |
| 2 | AED 9,765 | AED 97,650 |
| 3 | AED 9,765 | AED 87,885 |
| 4 | AED 9,765 | AED 78,120 |
| 5 | AED 9,765 | AED 68,355 |
| 6 | AED 9,765 | AED 58,590 |
| 7 | AED 9,765 | AED 48,825 |
| 8 | AED 9,765 | AED 39,060 |
| 9 | AED 9,765 | AED 29,295 |
| 10 | AED 9,765 | AED 19,530 |
| 11 | AED 9,765 | AED 9,765 |
| 12 | AED 9,765 | AED 0 |
Monthly Payment Composition
Interest: 105
Principal: 9660
Accord 1.5L EXL Car Loan Calculator FAQs in UAE
The car loan process typically involves selecting your vehicle, applying for the loan through a bank or financial institution, providing necessary documentation, and then awaiting approval before finalizing the purchase.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
Consider the interest rates, loan terms, monthly payments, your credit score, and any fees associated with the loan.
Interest rates for car loans in the UAE typically range from 3% to 6% depending on the lender and your creditworthiness.
Factors such as economic conditions, interest rates, inflation, and government policies can influence the exchange rate for your car loan.
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