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Alsvin 1.5L Advanced 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 3,170

Down Payment

AED 9,407

Total Cost

AED 47,447

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 3,170AED 34,870
2AED 3,170AED 31,700
3AED 3,170AED 28,530
4AED 3,170AED 25,360
5AED 3,170AED 22,190
6AED 3,170AED 19,020
7AED 3,170AED 15,850
8AED 3,170AED 12,680
9AED 3,170AED 9,510
10AED 3,170AED 6,340
11AED 3,170AED 3,170
12AED 3,170AED 0

Monthly Payment Composition

Interest: 35
Principal: 3135

Alsvin 1.5L Advanced Car Loan Calculator FAQs in UAE

The car loan for the Alsvin 1.5L Advanced in UAE is a financial product that allows you to borrow money to purchase the vehicle, which you will then repay over a fixed term with interest.

To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details about the vehicle. Many banks also offer online applications.

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

When applying for a car loan, be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan. It's also important to check your credit report beforehand.

Loan interest rates can be affected by factors such as your credit score, the loan amount, the term of the loan, and current market conditions.