

Figo 1.5L Trend H/B Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 7,842
Down Payment
AED 23,273
Total Cost
AED 117,377
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 7,842 | AED 86,262 |
2 | AED 7,842 | AED 78,420 |
3 | AED 7,842 | AED 70,578 |
4 | AED 7,842 | AED 62,736 |
5 | AED 7,842 | AED 54,894 |
6 | AED 7,842 | AED 47,052 |
7 | AED 7,842 | AED 39,210 |
8 | AED 7,842 | AED 31,368 |
9 | AED 7,842 | AED 23,526 |
10 | AED 7,842 | AED 15,684 |
11 | AED 7,842 | AED 7,842 |
12 | AED 7,842 | AED 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.
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