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Avanza 1.5L GLS (commercial) 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)*

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Loan Period (years) *
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interest rate *
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Monthly Payment

AED 4,549

Down Payment

AED 13,500

Total Cost

AED 68,088

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,549AED 50,039
2AED 4,549AED 45,490
3AED 4,549AED 40,941
4AED 4,549AED 36,392
5AED 4,549AED 31,843
6AED 4,549AED 27,294
7AED 4,549AED 22,745
8AED 4,549AED 18,196
9AED 4,549AED 13,647
10AED 4,549AED 9,098
11AED 4,549AED 4,549
12AED 4,549AED 0

Monthly Payment Composition

Interest: 49
Principal: 4500

Avanza 1.5L GLS (commercial) Car Loan Calculator FAQs in UAE

To apply for a car loan for an Avanza 1.5L GLS (commercial), you typically need to provide proof of income, a valid Emirates ID, bank statements, and a credit report.

Taking out a loan can initially lower your credit score due to the hard inquiry, but making timely payments can improve your score over time.

Interest rates for car loans are influenced by factors such as your credit score, loan amount, loan term, and current market conditions.

The typical loan term for financing an Avanza 1.5L GLS (commercial) ranges from 3 to 5 years, depending on the lender.

Before signing a car loan agreement, ensure you understand the interest rate, repayment terms, any additional fees, and the total cost of the loan.