Grand i10 1.2L Smart Hatchback Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 2,821
Down Payment
AED 8,370
Total Cost
AED 42,222
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 2,821 | AED 31,031 |
| 2 | AED 2,821 | AED 28,210 |
| 3 | AED 2,821 | AED 25,389 |
| 4 | AED 2,821 | AED 22,568 |
| 5 | AED 2,821 | AED 19,747 |
| 6 | AED 2,821 | AED 16,926 |
| 7 | AED 2,821 | AED 14,105 |
| 8 | AED 2,821 | AED 11,284 |
| 9 | AED 2,821 | AED 8,463 |
| 10 | AED 2,821 | AED 5,642 |
| 11 | AED 2,821 | AED 2,821 |
| 12 | AED 2,821 | AED 0 |
Monthly Payment Composition
Interest: 31
Principal: 2790
Grand i10 1.2L Smart Hatchback Car Loan Calculator FAQs in UAE
In UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different terms and conditions.
You can apply for a car loan by visiting a bank or financial institution's website, submitting required documents such as ID, income proof, and vehicle details.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.
Consider your monthly budget, interest rates, loan tenure, and any additional fees or insurance requirements before taking a loan.
Factors include your credit history, loan amount, loan term, and the bank’s policies. A better credit score often results in lower interest rates.
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