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Coolray GK 1.5TD 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 5,493

Down Payment

AED 16,300

Total Cost

AED 82,216

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,493AED 60,423
2AED 5,493AED 54,930
3AED 5,493AED 49,437
4AED 5,493AED 43,944
5AED 5,493AED 38,451
6AED 5,493AED 32,958
7AED 5,493AED 27,465
8AED 5,493AED 21,972
9AED 5,493AED 16,479
10AED 5,493AED 10,986
11AED 5,493AED 5,493
12AED 5,493AED 0

Monthly Payment Composition

Interest: 60
Principal: 5433

Coolray GK 1.5TD Car Loan Calculator FAQs in UAE

Typical loan terms for financing a Coolray GK 1.5TD in the UAE range from 1 to 7 years, with interest rates varying between 3% to 7% depending on the lender and your creditworthiness.

You can apply for a car loan by visiting a bank or financial institution's website, filling out an application form, and providing the necessary documents such as proof of income, residency, and identification.

Yes, taking a car loan can affect your credit score positively or negatively, depending on your payment history. Timely payments can improve your score, while missed payments can decrease it.

Before taking a loan, consider the total cost of the car including interest, your monthly budget, the loan term, and your ability to make payments without impacting your financial stability.

Factors that influence car loan interest rates in the UAE include your credit score, the loan amount, the loan term, the lender's policies, and current market conditions.