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Elantra N 2.0T (276HP) M/T Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
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Loan Period (years) *
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interest rate *
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Monthly Payment

AED 8,357

Down Payment

AED 24,800

Total Cost

AED 125,084

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,357AED 91,927
2AED 8,357AED 83,570
3AED 8,357AED 75,213
4AED 8,357AED 66,856
5AED 8,357AED 58,499
6AED 8,357AED 50,142
7AED 8,357AED 41,785
8AED 8,357AED 33,428
9AED 8,357AED 25,071
10AED 8,357AED 16,714
11AED 8,357AED 8,357
12AED 8,357AED 0

Monthly Payment Composition

Interest: 91
Principal: 8266

Elantra N 2.0T (276HP) M/T Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a lender, submitting required documents, filling out a loan application, and undergoing credit evaluation before approval.

Taking a loan can initially lower your credit score due to the hard inquiry, but timely payments can improve your score in the long run.

Consider your credit score, loan term, interest rates, monthly payments, and the total cost of the loan, including fees.

Interest rates for car loans in UAE typically range from 3% to 6%, depending on the bank and your credit profile.

Many banks allow early repayment without penalties, but it's best to check with your lender for their specific policies.