What are the financing options available for purchasing a Creta 1.5L Ultimate in UAE?

You can choose from various financing options such as bank loans, dealership financing, or personal loans. Each has different terms and interest rates.

How does a car loan affect my credit score in UAE?

A car loan can affect your credit score positively if you make timely payments, but late payments can negatively impact it.

What documents are required to apply for a car loan for a Creta 1.5L Ultimate?

Typically, you'll need to provide proof of income, identification, residency documents, and details of the vehicle.

What factors influence the interest rates on car loans in UAE?

Interest rates are influenced by your credit score, the loan amount, the loan term, and the policies of the lending institution.

Are there any additional fees associated with car loans in UAE?

Yes, there may be processing fees, insurance requirements, and possible early repayment penalties.

CarteaCar Loan Calculator

Creta 1.5L Ultimate Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 5,223

Down Payment

AED 15,498

Total Cost

AED 78,174

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 5,223	AED 57,453
2	AED 5,223	AED 52,230
3	AED 5,223	AED 47,007
4	AED 5,223	AED 41,784
5	AED 5,223	AED 36,561
6	AED 5,223	AED 31,338
7	AED 5,223	AED 26,115
8	AED 5,223	AED 20,892
9	AED 5,223	AED 15,669
10	AED 5,223	AED 10,446
11	AED 5,223	AED 5,223
12	AED 5,223	AED 0

Monthly Payment Composition

Interest: 57

Principal: 5166

Creta 1.5L Ultimate Car Loan Calculator FAQs in UAE

You can choose from various financing options such as bank loans, dealership financing, or personal loans. Each has different terms and interest rates.
A car loan can affect your credit score positively if you make timely payments, but late payments can negatively impact it.
Typically, you'll need to provide proof of income, identification, residency documents, and details of the vehicle.
Interest rates are influenced by your credit score, the loan amount, the loan term, and the policies of the lending institution.
Yes, there may be processing fees, insurance requirements, and possible early repayment penalties.