CarteaCar Loan Calculator

Arrizo 3 1.5L Basic 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 Price-
Down PaymentAED 7,000
  • Monthly PaymentAED 28,047
  • Total CostAED 35,047
  • Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 28,047AED 0

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Arrizo 3 1.5L Basic Car Loan Calculator FAQs in UAE

  • The requirements typically include a valid Emirates ID, proof of income, bank statements, and sometimes a down payment.
  • Taking out a loan can initially lower your credit score due to the hard inquiry, but timely payments can improve it over time.
  • Interest rates can vary widely but typically range from 3% to 5% depending on the bank and your creditworthiness.
  • Factors include your credit history, income stability, existing debts, and the amount of down payment you can provide.
  • Be cautious about the total cost of the loan including interest, fees, and the terms, as well as ensuring you can afford the monthly payments.