CarteaCar Loan Calculator

Hongqi HS5 2021 2.0T Flagship (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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 156,450
Down PaymentAED 31,290
  • Monthly PaymentAED 10,544
  • Total CostAED 157,818
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 10,544AED 115,984
2AED 10,544AED 105,440
3AED 10,544AED 94,896
4AED 10,544AED 84,352
5AED 10,544AED 73,808
6AED 10,544AED 63,264
7AED 10,544AED 52,720
8AED 10,544AED 42,176
9AED 10,544AED 31,632
10AED 10,544AED 21,088
11AED 10,544AED 10,544
12AED 10,544AED 0

Car Finance Recommendation

Our Partnered Bank

  • In-house Team
  • Low Interset Rate
  • High Approval Rate

Hongqi HS5 2021 2.0T Flagship (AWD) Car Loan Calculator FAQs in UAE

  • To obtain a car loan for the Hongqi HS5 in the UAE, you typically need to provide proof of income, a valid residency visa, Emirates ID, and the vehicle's purchase agreement.
  • Taking a car loan can impact your credit score positively if you make timely payments. However, missed payments can lead to a negative impact.
  • Consider your monthly budget, the total cost of the loan, interest rates, loan tenure, and any additional fees associated with the loan.
  • The typical interest rate for a car loan in the UAE ranges from 3% to 6%, depending on the bank and the applicant's credit history.
  • Yes, you can refinance your car loan to take advantage of lower interest rates or better terms, but be sure to check for any prepayment penalties.