

Groove 1.5L LT Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,752
Down Payment
AED 14,100
Total Cost
AED 71,124
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 4,752 | AED 52,272 |
2 | AED 4,752 | AED 47,520 |
3 | AED 4,752 | AED 42,768 |
4 | AED 4,752 | AED 38,016 |
5 | AED 4,752 | AED 33,264 |
6 | AED 4,752 | AED 28,512 |
7 | AED 4,752 | AED 23,760 |
8 | AED 4,752 | AED 19,008 |
9 | AED 4,752 | AED 14,256 |
10 | AED 4,752 | AED 9,504 |
11 | AED 4,752 | AED 4,752 |
12 | AED 4,752 | AED 0 |
Monthly Payment Composition
Interest: 52
Principal: 4700
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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