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Insignia 1.5T Elegance Plus 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 8,694

Down Payment

AED 25,800

Total Cost

AED 130,128

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,694AED 95,634
2AED 8,694AED 86,940
3AED 8,694AED 78,246
4AED 8,694AED 69,552
5AED 8,694AED 60,858
6AED 8,694AED 52,164
7AED 8,694AED 43,470
8AED 8,694AED 34,776
9AED 8,694AED 26,082
10AED 8,694AED 17,388
11AED 8,694AED 8,694
12AED 8,694AED 0

Monthly Payment Composition

Interest: 94
Principal: 8600

Insignia 1.5T Elegance Plus Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting your car, applying for a loan through a bank or finance company, providing necessary documentation, and getting approval before finalizing the purchase.

Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can lower it.

Consider the interest rate, loan term, monthly payments, additional fees, and your overall budget before applying.

Interest rates for car loans in the UAE can vary widely, typically ranging from 3% to 5% based on your credit history and the lender.

You will typically need your Emirates ID, proof of income, bank statements, and the vehicle's purchase agreement.