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GTR Nismo 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 53,947

Down Payment

AED 160,100

Total Cost

AED 807,464

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 53,947AED 593,417
2AED 53,947AED 539,470
3AED 53,947AED 485,523
4AED 53,947AED 431,576
5AED 53,947AED 377,629
6AED 53,947AED 323,682
7AED 53,947AED 269,735
8AED 53,947AED 215,788
9AED 53,947AED 161,841
10AED 53,947AED 107,894
11AED 53,947AED 53,947
12AED 53,947AED 0

Monthly Payment Composition

Interest: 581
Principal: 53366

GTR Nismo Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically designed for car purchases.

To apply for a car loan, you typically need to visit a bank or financial institution, fill out an application form, provide necessary documents like your ID, salary proof, and car details.

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while late payments may lower it.

Be aware of the interest rates, loan tenure, any additional fees, and ensure you understand the terms and conditions of the loan.

Factors include your credit score, the loan amount, the loan term, and the lender's policies.