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GV80 2.5T Prestige (AWD) 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 20,555

Down Payment

AED 61,000

Total Cost

AED 307,660

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 20,555AED 226,105
2AED 20,555AED 205,550
3AED 20,555AED 184,995
4AED 20,555AED 164,440
5AED 20,555AED 143,885
6AED 20,555AED 123,330
7AED 20,555AED 102,775
8AED 20,555AED 82,220
9AED 20,555AED 61,665
10AED 20,555AED 41,110
11AED 20,555AED 20,555
12AED 20,555AED 0

Monthly Payment Composition

Interest: 222
Principal: 20333

GV80 2.5T Prestige (AWD) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. It is advisable to compare interest rates and terms from different banks.

A car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score. It's crucial to manage your payments responsibly.

Consider your credit score, the interest rates offered, the loan term, your monthly budget, and any additional fees or insurance required by the lender.

Interest rates for car loans in UAE typically range from 3% to 5% annually, but they can vary based on your credit history and the bank's policies.

You typically need to provide proof of identity, proof of income, a credit report, and details about the vehicle you wish to purchase.