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Figo 1.5L Trend H/B 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 7,842

Down Payment

AED 23,273

Total Cost

AED 117,377

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 7,842AED 86,262
2AED 7,842AED 78,420
3AED 7,842AED 70,578
4AED 7,842AED 62,736
5AED 7,842AED 54,894
6AED 7,842AED 47,052
7AED 7,842AED 39,210
8AED 7,842AED 31,368
9AED 7,842AED 23,526
10AED 7,842AED 15,684
11AED 7,842AED 7,842
12AED 7,842AED 0

Monthly Payment Composition

Interest: 85
Principal: 7757

Figo 1.5L Trend H/B Car Loan Calculator FAQs in UAE

The car loan process generally involves applying for a loan through a bank or financial institution, providing necessary documents, and getting approval based on your credit score and income.

Yes, applying for a car loan may temporarily lower your credit score due to the hard inquiry made by lenders, but if you make timely payments, it can improve your score over time.

Consider your monthly budget, interest rates, loan tenure, and any additional fees involved in the loan agreement.

Interest rates for car loans in the UAE typically range from 3% to 6%, depending on the bank and your credit profile.

If your loan is in a foreign currency, fluctuations in exchange rates can affect your repayment amount, potentially increasing it if the local currency depreciates.