

Groove 1.5L Premier Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 5,122
Down Payment
AED 15,200
Total Cost
AED 76,664
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 5,122 | AED 56,342 |
2 | AED 5,122 | AED 51,220 |
3 | AED 5,122 | AED 46,098 |
4 | AED 5,122 | AED 40,976 |
5 | AED 5,122 | AED 35,854 |
6 | AED 5,122 | AED 30,732 |
7 | AED 5,122 | AED 25,610 |
8 | AED 5,122 | AED 20,488 |
9 | AED 5,122 | AED 15,366 |
10 | AED 5,122 | AED 10,244 |
11 | AED 5,122 | AED 5,122 |
12 | AED 5,122 | AED 0 |
Monthly Payment Composition
Interest: 56
Principal: 5066
Groove 1.5L Premier Car Loan Calculator FAQs in UAE
A car loan for the Groove 1.5L Premier in the UAE is a financing option that allows you to borrow money to purchase this vehicle, which you will repay in installments over a specified period.
You can apply for a car loan by visiting a bank or financial institution in the UAE, filling out an application form, providing necessary documents like ID, proof of income, and the 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 lower it.
Consider the loan interest rate, repayment term, total cost of the loan, and your budget for monthly payments before committing to a car loan.
Factors affecting the loan interest rate include your credit history, the loan amount, the repayment term, and the lender's policies.
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