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City LX Sport 1.5L 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 5,115

Down Payment

AED 15,180

Total Cost

AED 76,560

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,115AED 56,265
2AED 5,115AED 51,150
3AED 5,115AED 46,035
4AED 5,115AED 40,920
5AED 5,115AED 35,805
6AED 5,115AED 30,690
7AED 5,115AED 25,575
8AED 5,115AED 20,460
9AED 5,115AED 15,345
10AED 5,115AED 10,230
11AED 5,115AED 5,115
12AED 5,115AED 0

Monthly Payment Composition

Interest: 55
Principal: 5060

City LX Sport 1.5L Car Loan Calculator FAQs in UAE

The process typically involves choosing a lender, submitting necessary documents such as proof of income and residency, filling out a loan application, and awaiting approval.

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

Consider the interest rate, loan term, your monthly budget, the total cost of the car, and any additional fees.

Interest rates for car loans in the UAE typically range from 3% to 6%, depending on the lender and your credit profile.

You will typically need your Emirates ID, proof of income (salary certificates), bank statements, and a copy of the vehicle's registration.