What are the terms and conditions for a car loan on the Civic Type R 2.0L MT in UAE?

The terms typically include the loan amount, interest rate, loan tenure, and down payment requirements. It's advisable to check with specific banks for detailed conditions.

How can I apply for a car loan for the Civic Type R 2.0L MT?

You can apply online through the bank's website or visit a branch. Required documents typically include proof of income, identification, and vehicle details.

Will taking a car loan affect my credit score in UAE?

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

What factors influence the interest rate for my car loan?

Factors include your credit score, loan amount, loan tenure, and prevailing market rates. Lenders may also consider your income and employment stability.

What should I be aware of before taking a car loan for the Civic Type R 2.0L MT?

Be aware of the total cost of the loan, including interest, fees, and insurance. Also, consider your budget for monthly repayments.

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Civic Type R 2.0L MT Car Loan Calculator in UAE

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

Monthly Payment

AED 13,816

Down Payment

AED 41,000

Total Cost

AED 206,792

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 13,816	AED 151,976
2	AED 13,816	AED 138,160
3	AED 13,816	AED 124,344
4	AED 13,816	AED 110,528
5	AED 13,816	AED 96,712
6	AED 13,816	AED 82,896
7	AED 13,816	AED 69,080
8	AED 13,816	AED 55,264
9	AED 13,816	AED 41,448
10	AED 13,816	AED 27,632
11	AED 13,816	AED 13,816
12	AED 13,816	AED 0

Monthly Payment Composition

Interest: 150

Principal: 13666

Civic Type R 2.0L MT Car Loan Calculator FAQs in UAE

The terms typically include the loan amount, interest rate, loan tenure, and down payment requirements. It's advisable to check with specific banks for detailed conditions.
You can apply online through the bank's website or visit a branch. Required documents typically include proof of income, identification, and vehicle details.
Yes, taking a car loan may affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Factors include your credit score, loan amount, loan tenure, and prevailing market rates. Lenders may also consider your income and employment stability.
Be aware of the total cost of the loan, including interest, fees, and insurance. Also, consider your budget for monthly repayments.