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Corsa 1.2T Elegance (5-Door) 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 *
%
Loan Period (years) *
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interest rate *
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calculate

Monthly Payment

AED 5,048

Down Payment

AED 14,980

Total Cost

AED 75,556

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,048AED 55,528
2AED 5,048AED 50,480
3AED 5,048AED 45,432
4AED 5,048AED 40,384
5AED 5,048AED 35,336
6AED 5,048AED 30,288
7AED 5,048AED 25,240
8AED 5,048AED 20,192
9AED 5,048AED 15,144
10AED 5,048AED 10,096
11AED 5,048AED 5,048
12AED 5,048AED 0

Monthly Payment Composition

Interest: 55
Principal: 4993

Corsa 1.2T Elegance (5-Door) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, dealership financing, and personal loans for purchasing a Corsa 1.2T Elegance (5-Door). Each option has different interest rates and terms.

Taking out a loan will generally impact your credit score. It may lower your score initially due to the hard inquiry, but timely payments can improve it over time.

When applying for a car loan, consider the interest rate, loan term, monthly payments, your credit score, and any additional fees associated with the loan.

If your loan is denominated in a foreign currency, fluctuations in exchange rates can affect the total amount you owe. It’s important to consider this when applying for a loan.

When applying for a car loan, you typically need to provide proof of identity, income statements, bank statements, and details of the vehicle you wish to purchase.