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CHR VX 1.8L (96 HP) 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 6,935

Down Payment

AED 20,580

Total Cost

AED 103,800

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,935AED 76,285
2AED 6,935AED 69,350
3AED 6,935AED 62,415
4AED 6,935AED 55,480
5AED 6,935AED 48,545
6AED 6,935AED 41,610
7AED 6,935AED 34,675
8AED 6,935AED 27,740
9AED 6,935AED 20,805
10AED 6,935AED 13,870
11AED 6,935AED 6,935
12AED 6,935AED 0

Monthly Payment Composition

Interest: 75
Principal: 6860

CHR VX 1.8L (96 HP) Car Loan Calculator FAQs in UAE

The typical interest rate for a car loan in UAE can range from 3% to 5% depending on the bank and your credit score.

You can apply for a car loan by visiting a bank's branch or their website, providing necessary documents such as ID, salary proof, and vehicle details.

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can negatively affect it.

Typically, you will need a valid ID, salary certificate, bank statements, and vehicle information. Additional documents may be requested by the bank.

Factors include your credit history, income level, employment stability, and the age and condition of the vehicle.