

Carens Smartstream 1.5L A/T Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,381
Down Payment
AED 13,000
Total Cost
AED 65,572
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 4,381 | AED 48,191 |
2 | AED 4,381 | AED 43,810 |
3 | AED 4,381 | AED 39,429 |
4 | AED 4,381 | AED 35,048 |
5 | AED 4,381 | AED 30,667 |
6 | AED 4,381 | AED 26,286 |
7 | AED 4,381 | AED 21,905 |
8 | AED 4,381 | AED 17,524 |
9 | AED 4,381 | AED 13,143 |
10 | AED 4,381 | AED 8,762 |
11 | AED 4,381 | AED 4,381 |
12 | AED 4,381 | AED 0 |
Monthly Payment Composition
Interest: 48
Principal: 4333
Carens Smartstream 1.5L A/T Car Loan Calculator FAQs in UAE
To obtain a car loan for the Carens Smartstream 1.5L A/T in the UAE, you need to provide the necessary documents such as proof of income, residency, and identification. After selecting a bank, you will fill out a loan application, and the bank will evaluate your creditworthiness before approving the loan.
Yes, taking a car loan can impact your credit score. If you make timely payments, it can improve your score. However, missing payments may decrease your score.
Before applying for a car loan, consider your monthly budget, the loan interest rates, the loan term, and any additional fees associated with the loan.
Factors that can influence your loan interest rate include your credit score, the loan amount, the loan term, and the bank's current lending policies.
Some banks may charge a penalty for early repayment of a car loan, while others may not. It's essential to check the loan agreement for specific terms regarding early repayment.
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