Avanza 1.5L SE Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,280
Down Payment
AED 12,700
Total Cost
AED 64,060
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 4,280 | AED 47,080 |
| 2 | AED 4,280 | AED 42,800 |
| 3 | AED 4,280 | AED 38,520 |
| 4 | AED 4,280 | AED 34,240 |
| 5 | AED 4,280 | AED 29,960 |
| 6 | AED 4,280 | AED 25,680 |
| 7 | AED 4,280 | AED 21,400 |
| 8 | AED 4,280 | AED 17,120 |
| 9 | AED 4,280 | AED 12,840 |
| 10 | AED 4,280 | AED 8,560 |
| 11 | AED 4,280 | AED 4,280 |
| 12 | AED 4,280 | AED 0 |
Monthly Payment Composition
Interest: 47
Principal: 4233
Avanza 1.5L SE Car Loan Calculator FAQs in UAE
- The eligibility criteria typically include being at least 21 years old, having a stable income, and having a good credit history.
- You can apply online through bank websites or visit a bank branch to fill out an application form.
- Yes, taking a car loan can impact your credit score positively if you make timely payments.
- Consider the interest rates, loan tenure, processing fees, and monthly installments before making a decision.
- Factors include your credit score, loan amount, tenure, and the bank's policies.
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