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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

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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 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.