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Elantra 1.6L Comfort 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 5,385

Down Payment

AED 15,980

Total Cost

AED 80,600

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,385AED 59,235
2AED 5,385AED 53,850
3AED 5,385AED 48,465
4AED 5,385AED 43,080
5AED 5,385AED 37,695
6AED 5,385AED 32,310
7AED 5,385AED 26,925
8AED 5,385AED 21,540
9AED 5,385AED 16,155
10AED 5,385AED 10,770
11AED 5,385AED 5,385
12AED 5,385AED 0

Monthly Payment Composition

Interest: 59
Principal: 5326

Elantra 1.6L Comfort Car Loan Calculator FAQs in UAE

The loan process typically involves selecting the car, choosing a lender, submitting necessary documents, and signing the loan agreement.

Taking a loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your score over time.

Be aware of the interest rates, loan terms, additional fees, and your own financial situation before applying for a loan.

Factors include your credit score, the loan amount, the loan term, and the lender's policies.

Yes, potential hidden fees can include processing fees, early repayment fees, and insurance costs.