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Emgrand GF 1.5L Car Loan Calculator in UAE

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

Monthly Payment

AED 4,650

Down Payment

AED 13,800

Total Cost

AED 69,600

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,650	AED 51,150
2	AED 4,650	AED 46,500
3	AED 4,650	AED 41,850
4	AED 4,650	AED 37,200
5	AED 4,650	AED 32,550
6	AED 4,650	AED 27,900
7	AED 4,650	AED 23,250
8	AED 4,650	AED 18,600
9	AED 4,650	AED 13,950
10	AED 4,650	AED 9,300
11	AED 4,650	AED 4,650
12	AED 4,650	AED 0

Monthly Payment Composition

Interest: 50

Principal: 4600

Emgrand GF 1.5L Car Loan Calculator FAQs in UAE

The car loan process usually involves selecting the vehicle, applying for the loan through a bank or financial institution, submitting required documents, and awaiting approval before finalizing the purchase.

Yes, taking a loan can affect your credit score, as it increases your debt-to-income ratio and may impact your credit utilization. Timely repayments can improve your score.

Be aware of the interest rates, loan terms, fees, and the total cost of the loan over time. Ensure you understand the repayment schedule and any penalties for late payments.

Factors include your credit score, the loan amount, the loan term, the bank’s policies, and current market interest rates.

Yes, most lenders offer flexibility in choosing the loan tenure, which can range from one to seven years, depending on your financial situation and preferences.