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EMKOO 1.5 GE 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 6,320

Down Payment

AED 18,756

Total Cost

AED 94,596

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,320AED 69,520
2AED 6,320AED 63,200
3AED 6,320AED 56,880
4AED 6,320AED 50,560
5AED 6,320AED 44,240
6AED 6,320AED 37,920
7AED 6,320AED 31,600
8AED 6,320AED 25,280
9AED 6,320AED 18,960
10AED 6,320AED 12,640
11AED 6,320AED 6,320
12AED 6,320AED 0

Monthly Payment Composition

Interest: 69
Principal: 6251

EMKOO 1.5 GE Car Loan Calculator FAQs in UAE

The EMKOO 1.5 GE car loan in the UAE is a financing option that allows you to purchase the EMKOO 1.5 GE vehicle by borrowing money from a bank or financial institution, which you will repay over a set period with interest.

To apply for an EMKOO 1.5 GE car loan in the UAE, you typically need to visit a bank or apply online, provide necessary documentation such as proof of income, identification, and details about the vehicle.

Yes, taking a loan for an EMKOO 1.5 GE can affect your credit score. It may improve your credit score if you make timely payments, but missing payments can lead to a decrease in your score.

When taking out a loan for the EMKOO 1.5 GE, be aware of the interest rates, loan terms, any additional fees, and ensure you understand your monthly payment obligations.

Factors that affect the interest rate for the EMKOO 1.5 GE loan include your credit score, the loan amount, your income level, and the overall market interest rates.