G50 1.3T MT Classic Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,819
Down Payment
AED 14,300
Total Cost
AED 72,128
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 4,819 | AED 53,009 |
2 | AED 4,819 | AED 48,190 |
3 | AED 4,819 | AED 43,371 |
4 | AED 4,819 | AED 38,552 |
5 | AED 4,819 | AED 33,733 |
6 | AED 4,819 | AED 28,914 |
7 | AED 4,819 | AED 24,095 |
8 | AED 4,819 | AED 19,276 |
9 | AED 4,819 | AED 14,457 |
10 | AED 4,819 | AED 9,638 |
11 | AED 4,819 | AED 4,819 |
12 | AED 4,819 | AED 0 |
Monthly Payment Composition
Interest: 53
Principal: 4766
G50 1.3T MT Classic Car Loan Calculator FAQs in UAE
- You can choose between personal loans or auto loans specifically designed for vehicle purchases. Various banks in the UAE offer competitive interest rates and flexible repayment terms.
- Taking a loan will impact your credit score temporarily, especially during the application process. However, making timely payments can positively affect your score over time.
- Typically, you will need your Emirates ID, proof of income, bank statements, and details of the vehicle. Some banks may require additional documents.
- Factors include your credit score, the loan amount, the loan term, and the bank's policies. Additionally, the type of vehicle can also influence the rate.
- Be aware of the total cost of the loan including interest, any hidden fees, and ensure you can meet the monthly payments comfortably. Also, compare offers from different banks.
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