Fengon ix5 Comfortline Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 5,796
Down Payment
AED 17,200
Total Cost
AED 86,752
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 5,796 | AED 63,756 |
| 2 | AED 5,796 | AED 57,960 |
| 3 | AED 5,796 | AED 52,164 |
| 4 | AED 5,796 | AED 46,368 |
| 5 | AED 5,796 | AED 40,572 |
| 6 | AED 5,796 | AED 34,776 |
| 7 | AED 5,796 | AED 28,980 |
| 8 | AED 5,796 | AED 23,184 |
| 9 | AED 5,796 | AED 17,388 |
| 10 | AED 5,796 | AED 11,592 |
| 11 | AED 5,796 | AED 5,796 |
| 12 | AED 5,796 | AED 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.
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