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Groove 1.5L LT 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 14,100
  • Monthly PaymentAED 56,495
  • Total CostAED 70,595
  • Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 56,495AED 0

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Groove 1.5L LT Car Loan Calculator FAQs in UAE

  • The car loan process generally involves selecting your vehicle, applying for a loan with a bank or financial institution, providing necessary documents, and then awaiting loan approval before finalizing the purchase.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can negatively impact your score.
  • Consider the interest rate, loan term, monthly payments, total cost of the loan, and your ability to make payments before applying.
  • Factors include your credit score, the loan amount, loan term, the bank's policies, and current market conditions.
  • Yes, typically you will need identification, proof of income, bank statements, and details about the car you wish to purchase.

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