HomeCar Loan Calculator

CRV LX 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 8,552

Down Payment

AED 25,380

Total Cost

AED 128,004

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,552AED 94,072
2AED 8,552AED 85,520
3AED 8,552AED 76,968
4AED 8,552AED 68,416
5AED 8,552AED 59,864
6AED 8,552AED 51,312
7AED 8,552AED 42,760
8AED 8,552AED 34,208
9AED 8,552AED 25,656
10AED 8,552AED 17,104
11AED 8,552AED 8,552
12AED 8,552AED 0

Monthly Payment Composition

Interest: 92
Principal: 8460

CRV LX Car Loan Calculator FAQs in UAE

Typically, you need to provide proof of income, residency, and identification. Additional documents may include your Emirates ID and a bank statement.

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

Interest rates for car loans in the UAE typically range from 3% to 5%, depending on the bank and your credit profile.

Be aware of the total cost of the loan including interest, any additional fees, and the loan term. It's important to read the terms and conditions carefully.

Factors include changes in interest rates, inflation, and economic stability. Additionally, the bank's policies can also impact the exchange rates.