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G50 1.5T DCT Elite 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 4,819

Down Payment

AED 14,300

Total Cost

AED 72,128

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,819AED 53,009
2AED 4,819AED 48,190
3AED 4,819AED 43,371
4AED 4,819AED 38,552
5AED 4,819AED 33,733
6AED 4,819AED 28,914
7AED 4,819AED 24,095
8AED 4,819AED 19,276
9AED 4,819AED 14,457
10AED 4,819AED 9,638
11AED 4,819AED 4,819
12AED 4,819AED 0

Monthly Payment Composition

Interest: 53
Principal: 4766

G50 1.5T DCT Elite Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose from various auto loan options such as traditional bank loans, dealer financing, and Islamic financing. Each has its own terms and conditions.

Taking out a car loan can impact your credit score positively or negatively, depending on your repayment history. Timely payments can improve your score, while missed payments can lower it.

Before applying, consider your budget, interest rates, loan terms, and your financial stability. It's also wise to check your credit score and understand the total cost of the loan.

Interest rates can be influenced by factors such as your credit score, loan amount, loan term, and current market conditions. Lenders may also offer different rates based on the type of vehicle.

You will typically need to provide identification, proof of income, bank statements, employment verification, and details about the vehicle. Some lenders may require additional documents.