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Corolla 1.8L XLI Hybrid 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 5,924

Down Payment

AED 17,580

Total Cost

AED 88,668

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,924AED 65,164
2AED 5,924AED 59,240
3AED 5,924AED 53,316
4AED 5,924AED 47,392
5AED 5,924AED 41,468
6AED 5,924AED 35,544
7AED 5,924AED 29,620
8AED 5,924AED 23,696
9AED 5,924AED 17,772
10AED 5,924AED 11,848
11AED 5,924AED 5,924
12AED 5,924AED 0

Monthly Payment Composition

Interest: 64
Principal: 5860

Corolla 1.8L XLI Hybrid Car Loan Calculator FAQs in UAE

In UAE, you can choose from several banks that offer auto loans with varying interest rates and terms, typically ranging from 3 to 7 years.

You can apply for an auto loan by visiting your chosen bank's branch or their website, providing necessary documents such as ID, proof of income, and vehicle details.

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

Be aware of the interest rates, loan terms, any hidden fees, and the total cost of the car including insurance and registration.

Factors include your credit score, loan amount, repayment period, and the bank's own lending policies.