Equinox 1.5T LT (AWD) 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 LT (AWD) Car Loan Calculator FAQs in UAE
In UAE, you can choose between various loan options such as conventional loans, Islamic finance options, and personal loans specifically tailored for vehicle purchases.
To apply for a car loan, you typically need to provide proof of income, identification documents, and details about the vehicle. You can apply online or at a bank branch.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can negatively affect it.
Consider factors such as the interest rate, loan term, down payment, and any additional fees or charges that may apply.
Factors include market interest rates, inflation rates, the overall economic situation, and the creditworthiness of the borrower.
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