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City DX 1.5L Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 4,576

Down Payment

AED 13,580

Total Cost

AED 68,492

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,576AED 50,336
2AED 4,576AED 45,760
3AED 4,576AED 41,184
4AED 4,576AED 36,608
5AED 4,576AED 32,032
6AED 4,576AED 27,456
7AED 4,576AED 22,880
8AED 4,576AED 18,304
9AED 4,576AED 13,728
10AED 4,576AED 9,152
11AED 4,576AED 4,576
12AED 4,576AED 0

Monthly Payment Composition

Interest: 50
Principal: 4526

City DX 1.5L Car Loan Calculator FAQs in UAE

To apply for a car loan for the City DX 1.5L, you typically need to provide proof of identity, residency, income, and a good credit score. Additional documents may include bank statements and employment verification.

Taking out a loan can impact your credit score positively if you make timely payments, but it can also lower your score if you miss payments or take on too much debt.

Factors affecting your car loan interest rate include your credit score, the loan amount, the loan duration, and the lender's policies. Additionally, market conditions can also play a role.

Before finalizing your car loan, consider the total cost of the loan, including interest rates, fees, and terms. Also, evaluate your budget to ensure you can afford the monthly payments.

Yes, you can refinance your car loan later to potentially secure a lower interest rate or better terms, depending on your financial situation and credit score at that time.