

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
Monthly Payment
AED 13,479
Down Payment
AED 40,000
Total Cost
AED 201,748
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 13,479 | AED 148,269 |
2 | AED 13,479 | AED 134,790 |
3 | AED 13,479 | AED 121,311 |
4 | AED 13,479 | AED 107,832 |
5 | AED 13,479 | AED 94,353 |
6 | AED 13,479 | AED 80,874 |
7 | AED 13,479 | AED 67,395 |
8 | AED 13,479 | AED 53,916 |
9 | AED 13,479 | AED 40,437 |
10 | AED 13,479 | AED 26,958 |
11 | AED 13,479 | AED 13,479 |
12 | AED 13,479 | AED 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.
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