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Carens Smartstream 1.5L A/T 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 65,000
Down PaymentAED 13,000
  • Monthly PaymentAED 4,381
  • Total CostAED 65,572
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 4,381AED 48,191
2AED 4,381AED 43,810
3AED 4,381AED 39,429
4AED 4,381AED 35,048
5AED 4,381AED 30,667
6AED 4,381AED 26,286
7AED 4,381AED 21,905
8AED 4,381AED 17,524
9AED 4,381AED 13,143
10AED 4,381AED 8,762
11AED 4,381AED 4,381
12AED 4,381AED 0

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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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