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K5 2.0L STD 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 5,257

Down Payment

AED 15,600

Total Cost

AED 78,684

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,257AED 57,827
2AED 5,257AED 52,570
3AED 5,257AED 47,313
4AED 5,257AED 42,056
5AED 5,257AED 36,799
6AED 5,257AED 31,542
7AED 5,257AED 26,285
8AED 5,257AED 21,028
9AED 5,257AED 15,771
10AED 5,257AED 10,514
11AED 5,257AED 5,257
12AED 5,257AED 0

Monthly Payment Composition

Interest: 57
Principal: 5200

K5 2.0L STD Car Loan Calculator FAQs in UAE

To apply for a car loan, you generally need to fill out an application form, provide necessary documents like your ID, proof of income, and bank statements, and then the bank will evaluate your creditworthiness.

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

Factors that influence the interest rate include your credit score, the loan amount, the duration of the loan, and the current market rates.

Consider your monthly budget, the total cost of the loan including interest, and whether you can afford the down payment.

Yes, there may be additional fees such as processing fees, insurance, and registration fees that you should be aware of before finalizing your loan.