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Coolray GF+ 1.5TD 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)*

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Loan Period (years) *
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interest rate *
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Monthly Payment

AED 6,059

Down Payment

AED 17,980

Total Cost

AED 90,688

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,059AED 66,649
2AED 6,059AED 60,590
3AED 6,059AED 54,531
4AED 6,059AED 48,472
5AED 6,059AED 42,413
6AED 6,059AED 36,354
7AED 6,059AED 30,295
8AED 6,059AED 24,236
9AED 6,059AED 18,177
10AED 6,059AED 12,118
11AED 6,059AED 6,059
12AED 6,059AED 0

Monthly Payment Composition

Interest: 66
Principal: 5993

Coolray GF+ 1.5TD Car Loan Calculator FAQs in UAE

The car loan for Coolray GF+ 1.5TD in UAE is a financing option provided by banks or financial institutions to help you purchase the vehicle. It typically covers a percentage of the car's value and allows you to pay it back in monthly installments.

To apply for a car loan for Coolray GF+ 1.5TD, you need to gather required documents such as proof of income, residency, and identification. Then, approach a bank or financial institution, fill out the application form, and submit your documents.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

Before taking a car loan, consider the interest rates, loan tenure, monthly installments, and your financial stability. Also, ensure you understand the total cost of the loan including any additional fees.

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan tenure, and the current market conditions. Banks may also consider your income and employment stability.