HomeCar Loan Calculator

GV70 2.5T Prestige 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 14,523

Down Payment

AED 43,100

Total Cost

AED 217,376

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 14,523AED 159,753
2AED 14,523AED 145,230
3AED 14,523AED 130,707
4AED 14,523AED 116,184
5AED 14,523AED 101,661
6AED 14,523AED 87,138
7AED 14,523AED 72,615
8AED 14,523AED 58,092
9AED 14,523AED 43,569
10AED 14,523AED 29,046
11AED 14,523AED 14,523
12AED 14,523AED 0

Monthly Payment Composition

Interest: 157
Principal: 14366

GV70 2.5T Prestige Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a lender, submitting your application with necessary documents, receiving approval, and signing the loan agreement before purchasing the vehicle.

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

Common requirements include proof of income, residency, identification documents, and a good credit score.

Factors include your credit score, the loan amount, the loan term, and current market rates.

Be cautious about the total cost of the loan, including interest and fees, and ensure that the monthly payments fit into your budget.