Accord 1.5L LX Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 8,418
Down Payment
AED 24,980
Total Cost
AED 125,996
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 8,418 | AED 92,598 |
| 2 | AED 8,418 | AED 84,180 |
| 3 | AED 8,418 | AED 75,762 |
| 4 | AED 8,418 | AED 67,344 |
| 5 | AED 8,418 | AED 58,926 |
| 6 | AED 8,418 | AED 50,508 |
| 7 | AED 8,418 | AED 42,090 |
| 8 | AED 8,418 | AED 33,672 |
| 9 | AED 8,418 | AED 25,254 |
| 10 | AED 8,418 | AED 16,836 |
| 11 | AED 8,418 | AED 8,418 |
| 12 | AED 8,418 | AED 0 |
Monthly Payment Composition
Interest: 92
Principal: 8326
Accord 1.5L LX Car Loan Calculator FAQs in UAE
In the UAE, you can typically find options such as bank loans, dealer financing, and personal loans specifically tailored for automobile purchases.
Taking a car loan can impact your credit score positively if you make timely payments, as it demonstrates your ability to manage debt responsibly.
Typically, you will need to provide identification, proof of income, employment verification, and details about the vehicle.
Factors include your credit score, the loan amount, the loan term, and current market rates.
Yes, it's important to review the loan agreement for any hidden fees such as processing fees, early repayment penalties, or insurance requirements.
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