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Fengon ix5 Comfortline Car Loan Calculator in UAE

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

select car *

car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 5,796

Down Payment

AED 17,200

Total Cost

AED 86,752

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,796AED 63,756
2AED 5,796AED 57,960
3AED 5,796AED 52,164
4AED 5,796AED 46,368
5AED 5,796AED 40,572
6AED 5,796AED 34,776
7AED 5,796AED 28,980
8AED 5,796AED 23,184
9AED 5,796AED 17,388
10AED 5,796AED 11,592
11AED 5,796AED 5,796
12AED 5,796AED 0

Monthly Payment Composition

Interest: 63
Principal: 5733

Fengon ix5 Comfortline Car Loan Calculator FAQs in UAE

The car loan process typically involves choosing the vehicle, submitting a loan application, providing required documents, and getting approval from the bank before finalizing the purchase.

Yes, taking a car loan can impact your credit score. Timely repayments can improve it, while missed payments can lower it.

Key factors include your income, credit history, loan amount, interest rate, and loan term. It's important to compare offers from different banks.

Typically required documents include your passport, residency visa, Emirates ID, proof of income, and bank statements.

Factors include your credit score, the loan amount, the loan term, the bank's policies, and current market conditions.