Elantra 1.6L Smart HEV Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 8,964
Down Payment
AED 26,600
Total Cost
AED 134,168
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 8,964 | AED 98,604 |
| 2 | AED 8,964 | AED 89,640 |
| 3 | AED 8,964 | AED 80,676 |
| 4 | AED 8,964 | AED 71,712 |
| 5 | AED 8,964 | AED 62,748 |
| 6 | AED 8,964 | AED 53,784 |
| 7 | AED 8,964 | AED 44,820 |
| 8 | AED 8,964 | AED 35,856 |
| 9 | AED 8,964 | AED 26,892 |
| 10 | AED 8,964 | AED 17,928 |
| 11 | AED 8,964 | AED 8,964 |
| 12 | AED 8,964 | AED 0 |
Monthly Payment Composition
Interest: 98
Principal: 8866
Elantra 1.6L Smart HEV Car Loan Calculator FAQs in UAE
The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, receiving loan approval, and then finalizing the purchase.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.
Consider your budget, the interest rates offered by banks, the loan tenure, and any additional fees or charges associated with the loan.
Factors include your credit score, the loan amount, the loan term, and the current market interest rates.
Yes, you can refinance your car loan later if you find a better interest rate or more favorable loan terms.
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