Escort 1.5L Ambient Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,246
Down Payment
AED 12,600
Total Cost
AED 63,552
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 4,246 | AED 46,706 |
| 2 | AED 4,246 | AED 42,460 |
| 3 | AED 4,246 | AED 38,214 |
| 4 | AED 4,246 | AED 33,968 |
| 5 | AED 4,246 | AED 29,722 |
| 6 | AED 4,246 | AED 25,476 |
| 7 | AED 4,246 | AED 21,230 |
| 8 | AED 4,246 | AED 16,984 |
| 9 | AED 4,246 | AED 12,738 |
| 10 | AED 4,246 | AED 8,492 |
| 11 | AED 4,246 | AED 4,246 |
| 12 | AED 4,246 | AED 0 |
Monthly Payment Composition
Interest: 46
Principal: 4200
Escort 1.5L Ambient Car Loan Calculator FAQs in UAE
The auto loan process typically involves submitting a loan application, providing necessary documents like ID, salary certificate, and bank statements, and then waiting for the lender's approval.
Yes, taking an auto loan can affect your credit score. If you make timely payments, it can improve your score, but missing payments can harm it.
Consider the interest rate, loan term, monthly payment amount, and any additional fees associated with the loan.
The typical interest rate for an auto loan in the UAE can range from 3% to 5%, depending on the bank and your creditworthiness.
Many banks frequently run promotions offering lower interest rates or waived fees for specific models, including the Escort 1.5L Ambient. It's best to check with your bank.
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