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Innova 2.0L HyCross 8S Hybrid Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 9,361

Down Payment

AED 27,780

Total Cost

AED 140,112

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,361AED 102,971
2AED 9,361AED 93,610
3AED 9,361AED 84,249
4AED 9,361AED 74,888
5AED 9,361AED 65,527
6AED 9,361AED 56,166
7AED 9,361AED 46,805
8AED 9,361AED 37,444
9AED 9,361AED 28,083
10AED 9,361AED 18,722
11AED 9,361AED 9,361
12AED 9,361AED 0

Monthly Payment Composition

Interest: 101
Principal: 9260

Innova 2.0L HyCross 8S Hybrid Car Loan Calculator FAQs in UAE

The car loan process generally involves applying for a loan with a bank or financial institution, providing the necessary documentation such as proof of income, identification, and details about the vehicle. Once approved, you can finalize the purchase.

Yes, taking a car loan will impact your credit score. Timely payments can improve your score, while missed payments can lower it.

Consider the interest rate, loan term, your monthly budget, and any additional fees associated with the loan. Make sure to compare offers from different lenders.

Typically, you will need a valid ID, proof of income (like salary slips), bank statements, and sometimes a credit report. Each bank may have different requirements.

Factors include your credit score, loan amount, loan term, and current market rates. A higher credit score typically results in a lower interest rate.