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Honda CR-V 2024 2.4 EX 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 11,601

Down Payment

AED 34,429

Total Cost

AED 173,641

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,601AED 127,611
2AED 11,601AED 116,010
3AED 11,601AED 104,409
4AED 11,601AED 92,808
5AED 11,601AED 81,207
6AED 11,601AED 69,606
7AED 11,601AED 58,005
8AED 11,601AED 46,404
9AED 11,601AED 34,803
10AED 11,601AED 23,202
11AED 11,601AED 11,601
12AED 11,601AED 0

Monthly Payment Composition

Interest: 125
Principal: 11476

Honda CR-V 2024 2.4 EX Car Loan Calculator FAQs in UAE

In UAE, banks offer various auto loan options with different interest rates, repayment terms, and eligibility criteria. You can choose from fixed or floating interest rates depending on your preference.

You can apply for a car loan through a bank or a financial institution. Generally, you will need to provide documentation such as proof of income, residency, and identification, along with the vehicle details.

Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it. It's essential to manage your loan responsibly.

Consider interest rates, loan tenure, monthly repayments, processing fees, and your financial situation. Additionally, compare offers from different banks to find the best deal.

Loan interest rates can be influenced by factors such as your credit score, the loan amount, the duration of the loan, the type of vehicle, and the current economic conditions.