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Hongqi E-HS9 2022 Comfortable (7 Seats) 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 30,428

Down Payment

AED 90,300

Total Cost

AED 455,436

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 30,428AED 334,708
2AED 30,428AED 304,280
3AED 30,428AED 273,852
4AED 30,428AED 243,424
5AED 30,428AED 212,996
6AED 30,428AED 182,568
7AED 30,428AED 152,140
8AED 30,428AED 121,712
9AED 30,428AED 91,284
10AED 30,428AED 60,856
11AED 30,428AED 30,428
12AED 30,428AED 0

Monthly Payment Composition

Interest: 328
Principal: 30100

Hongqi E-HS9 2022 Comfortable (7 Seats) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealer financing, and personal loans. It's essential to compare interest rates and terms from different lenders.

To apply for a car loan, you typically need to provide documents such as your ID, salary certificate, and bank statements to the lender. You can apply online or visit a bank branch directly.

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

Consider factors such as the interest rate, loan term, monthly payments, and any additional fees. Also, check if the loan has any early payment penalties.

Factors include your credit score, the loan amount, repayment term, and the overall economic environment. Banks may also offer different rates based on promotional offers.