What are the requirements for obtaining a car loan for the H-1 12-Seater Wagon A/T High in UAE?

To obtain a car loan for the H-1 12-Seater Wagon A/T High in UAE, you typically need to provide proof of income, a copy of your Emirates ID, bank statements, and sometimes a down payment.

How does obtaining a car loan affect my credit score in UAE?

Obtaining a car loan can impact your credit score positively if you make timely payments. However, missing payments or defaulting can negatively affect your score.

What factors influence the interest rate for a car loan in UAE?

Factors that influence the interest rate for a car loan in UAE include your credit score, the loan amount, the loan term, and the lender's policies.

What should I be aware of before applying for a car loan for the H-1 12-Seater Wagon A/T High?

Before applying for a car loan, you should review your budget, understand the total cost of the car including interest, and compare offers from different lenders.

Can I refinance my car loan for the H-1 12-Seater Wagon A/T High in UAE?

Yes, you can refinance your car loan in UAE if you find better interest rates or terms, but make sure to check for any fees associated with refinancing.

CarteaCar Loan Calculator

H-1 12-Seater Wagon A/T High Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 37,167

Down Payment

AED 110,300

Total Cost

AED 556,304

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 37,167	AED 408,837
2	AED 37,167	AED 371,670
3	AED 37,167	AED 334,503
4	AED 37,167	AED 297,336
5	AED 37,167	AED 260,169
6	AED 37,167	AED 223,002
7	AED 37,167	AED 185,835
8	AED 37,167	AED 148,668
9	AED 37,167	AED 111,501
10	AED 37,167	AED 74,334
11	AED 37,167	AED 37,167
12	AED 37,167	AED 0

Monthly Payment Composition

Interest: 401

Principal: 36766

H-1 12-Seater Wagon A/T High Car Loan Calculator FAQs in UAE

To obtain a car loan for the H-1 12-Seater Wagon A/T High in UAE, you typically need to provide proof of income, a copy of your Emirates ID, bank statements, and sometimes a down payment.
Obtaining a car loan can impact your credit score positively if you make timely payments. However, missing payments or defaulting can negatively affect your score.
Factors that influence the interest rate for a car loan in UAE include your credit score, the loan amount, the loan term, and the lender's policies.
Before applying for a car loan, you should review your budget, understand the total cost of the car including interest, and compare offers from different lenders.
Yes, you can refinance your car loan in UAE if you find better interest rates or terms, but make sure to check for any fees associated with refinancing.