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GS3 EMZOOM GE 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 5,459

Down Payment

AED 16,200

Total Cost

AED 81,708

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,459AED 60,049
2AED 5,459AED 54,590
3AED 5,459AED 49,131
4AED 5,459AED 43,672
5AED 5,459AED 38,213
6AED 5,459AED 32,754
7AED 5,459AED 27,295
8AED 5,459AED 21,836
9AED 5,459AED 16,377
10AED 5,459AED 10,918
11AED 5,459AED 5,459
12AED 5,459AED 0

Monthly Payment Composition

Interest: 59
Principal: 5400

GS3 EMZOOM GE Car Loan Calculator FAQs in UAE

To apply for a GS3 EMZOOM GE car loan in the UAE, you need to submit your income documents, identification, and proof of residency to your chosen bank. The bank will evaluate your financial status and credit score before approving the loan.

Yes, taking out a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

Before applying for a car loan, consider your monthly budget, interest rates, loan term, and any additional fees. It's also important to understand the total cost of the loan over its duration.

Common interest rates for car loans in the UAE typically range from 3% to 7%, depending on the bank, the borrower's creditworthiness, and the loan term.

Fluctuations in currency exchange rates can affect the cost of your car loan, especially if the loan is denominated in a foreign currency. A weaker local currency can increase the amount you owe in your local currency.