City LX Sport 1.5L Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 5,115
Down Payment
AED 15,180
Total Cost
AED 76,560
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 5,115 | AED 56,265 |
| 2 | AED 5,115 | AED 51,150 |
| 3 | AED 5,115 | AED 46,035 |
| 4 | AED 5,115 | AED 40,920 |
| 5 | AED 5,115 | AED 35,805 |
| 6 | AED 5,115 | AED 30,690 |
| 7 | AED 5,115 | AED 25,575 |
| 8 | AED 5,115 | AED 20,460 |
| 9 | AED 5,115 | AED 15,345 |
| 10 | AED 5,115 | AED 10,230 |
| 11 | AED 5,115 | AED 5,115 |
| 12 | AED 5,115 | AED 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.
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