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Genesis GV80 2022 2.5T Prestige (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 20,218

Down Payment

AED 60,000

Total Cost

AED 302,616

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 20,218AED 222,398
2AED 20,218AED 202,180
3AED 20,218AED 181,962
4AED 20,218AED 161,744
5AED 20,218AED 141,526
6AED 20,218AED 121,308
7AED 20,218AED 101,090
8AED 20,218AED 80,872
9AED 20,218AED 60,654
10AED 20,218AED 40,436
11AED 20,218AED 20,218
12AED 20,218AED 0

Monthly Payment Composition

Interest: 218
Principal: 20000

Genesis GV80 2022 2.5T Prestige (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different terms and interest rates.

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details about the vehicle, and fill out a loan application form.

Yes, taking a loan can affect your credit score. Making timely payments can improve your score, while missed payments can lower it.

Consider the interest rate, loan term, monthly payments, and any additional fees or charges. Also, check your budget to ensure you can afford the payments.

Exchange rates can affect the cost of your loan if you are borrowing in a foreign currency. Fluctuations can change the amount you owe in your local currency.