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Corolla 1.6L XLI (RB) 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)*

down payment *
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Loan Period (years) *
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interest rate *
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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

Corolla 1.6L XLI (RB) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans to purchase a Corolla 1.6L XLI (RB).

Taking a loan can impact your credit score positively if you make timely repayments, but it may lower your score temporarily due to increased credit inquiries.

Key factors include your credit score, loan interest rates, repayment terms, and the total cost of the car including insurance and registration.

Yes, some lenders may charge processing fees, prepayment penalties, and insurance costs, so it's important to read the loan agreement carefully.

Interest rates are influenced by your credit score, the loan amount, the term of the loan, and the current economic conditions in the UAE.