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GS 8 2.0T GL (2WD) 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 11,457

Down Payment

AED 34,000

Total Cost

AED 171,484

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,457AED 126,027
2AED 11,457AED 114,570
3AED 11,457AED 103,113
4AED 11,457AED 91,656
5AED 11,457AED 80,199
6AED 11,457AED 68,742
7AED 11,457AED 57,285
8AED 11,457AED 45,828
9AED 11,457AED 34,371
10AED 11,457AED 22,914
11AED 11,457AED 11,457
12AED 11,457AED 0

Monthly Payment Composition

Interest: 124
Principal: 11333

GS 8 2.0T GL (2WD) Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting the vehicle, applying for a loan from a bank or financial institution, providing necessary documentation, and then signing the loan agreement upon approval.

Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can lead to a decrease.

You will typically need identification, proof of income, bank statements, and details about the vehicle you wish to purchase.

Interest rates can be influenced by your credit score, loan term, the bank's policies, and market conditions.

Yes, some banks may charge processing fees, insurance fees, or early repayment penalties, so it is important to read the loan agreement carefully.