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Accord 1.5L EXL 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 144,900
Down PaymentAED 28,980
  • Monthly PaymentAED 9,765
  • Total CostAED 146,160
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 9,765AED 107,415
2AED 9,765AED 97,650
3AED 9,765AED 87,885
4AED 9,765AED 78,120
5AED 9,765AED 68,355
6AED 9,765AED 58,590
7AED 9,765AED 48,825
8AED 9,765AED 39,060
9AED 9,765AED 29,295
10AED 9,765AED 19,530
11AED 9,765AED 9,765
12AED 9,765AED 0

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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.