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Cerato 1.6L LX Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 4,162

Down Payment

AED 12,350

Total Cost

AED 62,294

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,162	AED 45,782
2	AED 4,162	AED 41,620
3	AED 4,162	AED 37,458
4	AED 4,162	AED 33,296
5	AED 4,162	AED 29,134
6	AED 4,162	AED 24,972
7	AED 4,162	AED 20,810
8	AED 4,162	AED 16,648
9	AED 4,162	AED 12,486
10	AED 4,162	AED 8,324
11	AED 4,162	AED 4,162
12	AED 4,162	AED 0

Monthly Payment Composition

Interest: 46

Principal: 4116

Cerato 1.6L LX Car Loan Calculator FAQs in UAE

To obtain a car loan for a Cerato 1.6L LX in the UAE, you typically need to provide proof of income, residency documents, a valid Emirates ID, and sometimes a down payment.

A car loan can impact your credit score positively if you make timely payments. However, missing payments may lead to a negative effect on your credit score.

Factors influencing the interest rate for a car loan in the UAE include your credit history, loan amount, loan tenure, and the bank's current policies.

The typical loan tenure for a car loan in the UAE ranges from 1 to 5 years, depending on the lender's policies and your financial situation.

Yes, there may be additional fees such as processing fees, insurance costs, and early repayment penalties, which vary by lender.