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GLA 200 Premium 1.4L 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 *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 17,852

Down Payment

AED 52,980

Total Cost

AED 267,204

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 17,852AED 196,372
2AED 17,852AED 178,520
3AED 17,852AED 160,668
4AED 17,852AED 142,816
5AED 17,852AED 124,964
6AED 17,852AED 107,112
7AED 17,852AED 89,260
8AED 17,852AED 71,408
9AED 17,852AED 53,556
10AED 17,852AED 35,704
11AED 17,852AED 17,852
12AED 17,852AED 0

Monthly Payment Composition

Interest: 192
Principal: 17660

GLA 200 Premium 1.4L Car Loan Calculator FAQs in UAE

The car loan process generally involves selecting a lender, submitting required documents, applying for the loan, and then receiving approval before finalizing the purchase.

Taking a car loan can affect your credit score positively or negatively depending on your repayment behavior. Consistent, timely payments can improve your score, while defaults can harm it.

When applying for a car loan, be aware of the interest rates, loan terms, additional fees, and your total budget including insurance and maintenance costs.

Factors that can affect your car loan interest rate include your credit history, the loan term, the lender's policies, and market conditions.

Typically, you will need identification documents, proof of income, bank statements, and details about the vehicle you wish to purchase.