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Kona Smartstream 1.6L Hybrid 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 10,109

Down Payment

AED 30,000

Total Cost

AED 151,308

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 10,109AED 111,199
2AED 10,109AED 101,090
3AED 10,109AED 90,981
4AED 10,109AED 80,872
5AED 10,109AED 70,763
6AED 10,109AED 60,654
7AED 10,109AED 50,545
8AED 10,109AED 40,436
9AED 10,109AED 30,327
10AED 10,109AED 20,218
11AED 10,109AED 10,109
12AED 10,109AED 0

Monthly Payment Composition

Interest: 109
Principal: 10000

Kona Smartstream 1.6L Hybrid Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting the vehicle, submitting a loan application with your financial documents, receiving approval from the bank, and then finalizing the purchase with a dealer.

Yes, taking out a loan can affect your credit score. Timely payments can improve it, while missed payments can harm it.

Consider your credit score, the loan interest rates, the loan term, the down payment amount, and your monthly budget before applying.

Common terms include the interest rate, loan tenure (usually between 1 to 5 years), prepayment penalties, and insurance requirements.

Factors include your credit score, the loan amount, the loan term, and the current market rates. Lenders may also consider your income and employment stability.