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Genesis GV80 2022 3.5T Royal (AWD) 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car Price-
Down PaymentAED 60,000
  • Monthly PaymentAED 240,401
  • Total CostAED 300,401
  • Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 240,401AED 0

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Genesis GV80 2022 3.5T Royal (AWD) Car Loan Calculator FAQs in UAE

  • You need to gather necessary documents such as proof of income, residency, and identification, then approach a bank or financial institution to start the application process.
  • Yes, taking out a loan can affect your credit score. It may lower your score temporarily due to the hard inquiry, but timely payments can improve it over time.
  • Consider the interest rate, loan term, monthly payments, total cost of the vehicle, and your financial situation before committing to a loan.
  • Interest rates for car loans in the UAE typically range from 3% to 6%, but they can vary based on the bank and your credit profile.
  • You will need your Emirates ID, salary certificate, bank statements, and proof of residence to apply for the car loan.