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Cerato 2.0L SX 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 5,308

Down Payment

AED 15,750

Total Cost

AED 79,446

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,308AED 58,388
2AED 5,308AED 53,080
3AED 5,308AED 47,772
4AED 5,308AED 42,464
5AED 5,308AED 37,156
6AED 5,308AED 31,848
7AED 5,308AED 26,540
8AED 5,308AED 21,232
9AED 5,308AED 15,924
10AED 5,308AED 10,616
11AED 5,308AED 5,308
12AED 5,308AED 0

Monthly Payment Composition

Interest: 58
Principal: 5250

Cerato 2.0L SX Car Loan Calculator FAQs in UAE

In UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic finance options tailored for car purchases.

You can apply for a car loan through banks or financial institutions by submitting necessary documents such as ID, salary certificate, and vehicle details.

Yes, taking a car loan can affect your credit score positively or negatively, depending on your repayment history and overall credit behavior.

Be aware of the interest rates, loan tenure, any additional fees, and the total cost of the loan including insurance and maintenance.

Factors influencing interest rates include your credit score, the loan amount, the loan term, and the prevailing economic conditions.