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Corsa 1.2T Elegance Plus (5-Door) 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 5,857

Down Payment

AED 17,380

Total Cost

AED 87,664

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,857AED 64,427
2AED 5,857AED 58,570
3AED 5,857AED 52,713
4AED 5,857AED 46,856
5AED 5,857AED 40,999
6AED 5,857AED 35,142
7AED 5,857AED 29,285
8AED 5,857AED 23,428
9AED 5,857AED 17,571
10AED 5,857AED 11,714
11AED 5,857AED 5,857
12AED 5,857AED 0

Monthly Payment Composition

Interest: 64
Principal: 5793

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

In the UAE, you can choose from several loan options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.

When you apply for a loan, the lender will conduct a credit check, which may temporarily lower your credit score. However, managing your loan repayments responsibly can improve your score over time.

You should consider the interest rate, loan term, your monthly budget, and any additional fees associated with the loan. It's also important to evaluate your ability to make regular payments.

Yes, there can be additional costs such as processing fees, insurance, registration fees, and potential early repayment penalties. Always read the loan agreement carefully.

The exchange rate for your car loan can be affected by factors such as economic conditions, interest rates set by the central bank, and international market trends.