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Genesis GV70 2022 3.5T Royal (AWD) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 13,479

Down Payment

AED 40,000

Total Cost

AED 201,748

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,479AED 148,269
2AED 13,479AED 134,790
3AED 13,479AED 121,311
4AED 13,479AED 107,832
5AED 13,479AED 94,353
6AED 13,479AED 80,874
7AED 13,479AED 67,395
8AED 13,479AED 53,916
9AED 13,479AED 40,437
10AED 13,479AED 26,958
11AED 13,479AED 13,479
12AED 13,479AED 0

Monthly Payment Composition

Interest: 146
Principal: 13333

Genesis GV70 2022 3.5T Royal (AWD) Car Loan Calculator FAQs in UAE

The car loan process typically involves applying through a bank or financial institution, submitting necessary documents, getting pre-approved, and finally signing the loan agreement after the vehicle purchase.

Yes, taking a car loan can impact your credit score, especially if you make timely payments, which can improve your score, or if you miss payments, which can decrease it.

You should be aware of the interest rates, loan terms, any additional fees, and ensure you have a stable income to support loan repayments.

Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the current economic conditions in the UAE.

You will typically need your ID, proof of income, bank statements, employment letter, and details of the vehicle you wish to purchase.