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Grand Vitara GL 1.5L Hybrid 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 8,964

Down Payment

AED 26,600

Total Cost

AED 134,168

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,964AED 98,604
2AED 8,964AED 89,640
3AED 8,964AED 80,676
4AED 8,964AED 71,712
5AED 8,964AED 62,748
6AED 8,964AED 53,784
7AED 8,964AED 44,820
8AED 8,964AED 35,856
9AED 8,964AED 26,892
10AED 8,964AED 17,928
11AED 8,964AED 8,964
12AED 8,964AED 0

Monthly Payment Composition

Interest: 98
Principal: 8866

Grand Vitara GL 1.5L Hybrid Car Loan Calculator FAQs in UAE

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

To apply for a car loan, you need to gather necessary documents such as your ID, proof of income, and bank statements. Then, approach a bank or dealership to submit your application.

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score. However, missed payments can harm your credit rating.

Consider the interest rate, loan term, monthly payments, and any additional fees. Ensure that the total cost of the loan fits your budget.

Factors include your credit score, the loan amount, the loan term, and the lender's policies. Generally, a higher credit score can lead to lower interest rates.