Equinox 1.5T LS (FWD) Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 5,392
Down Payment
AED 16,000
Total Cost
AED 80,704
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 5,392 | AED 59,312 |
| 2 | AED 5,392 | AED 53,920 |
| 3 | AED 5,392 | AED 48,528 |
| 4 | AED 5,392 | AED 43,136 |
| 5 | AED 5,392 | AED 37,744 |
| 6 | AED 5,392 | AED 32,352 |
| 7 | AED 5,392 | AED 26,960 |
| 8 | AED 5,392 | AED 21,568 |
| 9 | AED 5,392 | AED 16,176 |
| 10 | AED 5,392 | AED 10,784 |
| 11 | AED 5,392 | AED 5,392 |
| 12 | AED 5,392 | AED 0 |
Monthly Payment Composition
Interest: 59
Principal: 5333
Equinox 1.5T LS (FWD) Car Loan Calculator FAQs in UAE
In the UAE, you can choose from various financing options including bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.
Taking a loan can impact your credit score positively if you make timely payments, but missing payments can lower your score significantly.
Consider your budget, the total cost of the loan, interest rates, loan terms, and whether you can afford the monthly payments.
Factors include your credit history, the loan amount, the duration of the loan, and the current economic conditions.
Yes, many banks offer loans for first-time buyers. You may need to provide additional documentation or a larger down payment.
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