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K8 2.5L GDI 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 145,000
Down PaymentAED 29,000
  • Monthly PaymentAED 9,772
  • Total CostAED 146,264
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 9,772AED 107,492
2AED 9,772AED 97,720
3AED 9,772AED 87,948
4AED 9,772AED 78,176
5AED 9,772AED 68,404
6AED 9,772AED 58,632
7AED 9,772AED 48,860
8AED 9,772AED 39,088
9AED 9,772AED 29,316
10AED 9,772AED 19,544
11AED 9,772AED 9,772
12AED 9,772AED 0

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K8 2.5L GDI Car Loan Calculator FAQs in UAE

  • To obtain a car loan for the K8 2.5L GDI in the UAE, you typically need a valid UAE residency visa, a UAE-issued ID, proof of income (like salary slips), and bank statements.
  • Yes, taking a car loan can impact your credit score. It shows as a new credit line, which may affect your credit utilization ratio.
  • Consider the interest rate, loan term, monthly payments, down payment amount, and any additional fees associated with the loan.
  • Improving your credit score, having a stable income, paying down existing debts, and making a larger down payment can enhance your chances of approval.
  • Potential risks include the possibility of defaulting on the loan, which can lead to repossession of the vehicle, and the financial strain of monthly payments on your budget.

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