GS8 2.0T GL (4WD) Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 12,131
Down Payment
AED 36,000
Total Cost
AED 181,572
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 12,131 | AED 133,441 |
| 2 | AED 12,131 | AED 121,310 |
| 3 | AED 12,131 | AED 109,179 |
| 4 | AED 12,131 | AED 97,048 |
| 5 | AED 12,131 | AED 84,917 |
| 6 | AED 12,131 | AED 72,786 |
| 7 | AED 12,131 | AED 60,655 |
| 8 | AED 12,131 | AED 48,524 |
| 9 | AED 12,131 | AED 36,393 |
| 10 | AED 12,131 | AED 24,262 |
| 11 | AED 12,131 | AED 12,131 |
| 12 | AED 12,131 | AED 0 |
Monthly Payment Composition
Interest: 132
Principal: 11999
GS8 2.0T GL (4WD) Car Loan Calculator FAQs in UAE
The interest rate for a car loan in UAE typically ranges from 3% to 5% depending on the bank and your credit profile.
You can apply for a car loan online through the bank's website or visit a branch to submit your application directly.
Yes, taking a car loan can impact your credit score, especially if you miss payments or default on the loan.
You will typically need to provide your ID, salary certificate, bank statements, and details of the vehicle you wish to purchase.
Factors include the current market interest rates, economic conditions, and the bank's lending policies.
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