Arrizo 3 1.5L Basic Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 2,359
Down Payment
AED 7,000
Total Cost
AED 35,308
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 2,359 | AED 25,949 |
| 2 | AED 2,359 | AED 23,590 |
| 3 | AED 2,359 | AED 21,231 |
| 4 | AED 2,359 | AED 18,872 |
| 5 | AED 2,359 | AED 16,513 |
| 6 | AED 2,359 | AED 14,154 |
| 7 | AED 2,359 | AED 11,795 |
| 8 | AED 2,359 | AED 9,436 |
| 9 | AED 2,359 | AED 7,077 |
| 10 | AED 2,359 | AED 4,718 |
| 11 | AED 2,359 | AED 2,359 |
| 12 | AED 2,359 | AED 0 |
Monthly Payment Composition
Interest: 26
Principal: 2333
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.
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