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Kona 2.0L Smart+ 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 5,392

Down Payment

AED 16,000

Total Cost

AED 80,704

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,392AED 59,312
2AED 5,392AED 53,920
3AED 5,392AED 48,528
4AED 5,392AED 43,136
5AED 5,392AED 37,744
6AED 5,392AED 32,352
7AED 5,392AED 26,960
8AED 5,392AED 21,568
9AED 5,392AED 16,176
10AED 5,392AED 10,784
11AED 5,392AED 5,392
12AED 5,392AED 0

Monthly Payment Composition

Interest: 59
Principal: 5333

Kona 2.0L Smart+ Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans specifically for purchasing the Kona 2.0L Smart+. Each option may have different terms and interest rates.

Taking a loan can impact your credit score positively or negatively, depending on your repayment history. Timely payments can improve your score, while missed payments can lower it.

Typically, you will need to provide a copy of your Emirates ID, salary certificate, bank statements, and proof of residence when applying for a car loan in the UAE.

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's current policies and market conditions.

Yes, many banks in the UAE allow you to pay off your car loan early, but some may charge a prepayment penalty. It's important to check the terms of your loan agreement.