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Boxer 2.2L Diesel (L2H2) 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 *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 7,205

Down Payment

AED 21,380

Total Cost

AED 107,840

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 7,205AED 79,255
2AED 7,205AED 72,050
3AED 7,205AED 64,845
4AED 7,205AED 57,640
5AED 7,205AED 50,435
6AED 7,205AED 43,230
7AED 7,205AED 36,025
8AED 7,205AED 28,820
9AED 7,205AED 21,615
10AED 7,205AED 14,410
11AED 7,205AED 7,205
12AED 7,205AED 0

Monthly Payment Composition

Interest: 79
Principal: 7126

Boxer 2.2L Diesel (L2H2) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different interest rates and repayment terms.

Applying for a car loan can temporarily affect your credit score due to the hard inquiry made by lenders. However, timely payments can improve your score over time.

Before taking out a loan, consider your budget, the total cost of the vehicle including interest, loan terms, and your repayment capacity. Additionally, check for hidden fees.

Interest rates can be influenced by factors such as your credit score, loan amount, loan term, and prevailing market rates. Newer vehicles may also have lower rates.

Many lenders in the UAE allow early repayment without penalties, but it’s essential to check your loan agreement for specific terms regarding early payment.