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HRV 1.5L i-VTEC LX 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 6,598

Down Payment

AED 19,580

Total Cost

AED 98,756

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,598AED 72,578
2AED 6,598AED 65,980
3AED 6,598AED 59,382
4AED 6,598AED 52,784
5AED 6,598AED 46,186
6AED 6,598AED 39,588
7AED 6,598AED 32,990
8AED 6,598AED 26,392
9AED 6,598AED 19,794
10AED 6,598AED 13,196
11AED 6,598AED 6,598
12AED 6,598AED 0

Monthly Payment Composition

Interest: 72
Principal: 6526

HRV 1.5L i-VTEC LX Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose between conventional auto loans, Islamic auto financing, and bank-specific offers. It's important to compare interest rates and terms.

To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as ID, proof of income, and vehicle details, and fill out a loan application.

Yes, applying for a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.

Consider your monthly budget, the total cost of the loan including interest, loan tenure, and whether you can afford the monthly installments without straining your finances.

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's policies. Current market conditions can also play a role.