HomeCar Loan Calculator

Levante 2.0T GT 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 29,316

Down Payment

AED 87,000

Total Cost

AED 438,792

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 29,316AED 322,476
2AED 29,316AED 293,160
3AED 29,316AED 263,844
4AED 29,316AED 234,528
5AED 29,316AED 205,212
6AED 29,316AED 175,896
7AED 29,316AED 146,580
8AED 29,316AED 117,264
9AED 29,316AED 87,948
10AED 29,316AED 58,632
11AED 29,316AED 29,316
12AED 29,316AED 0

Monthly Payment Composition

Interest: 316
Principal: 29000

Levante 2.0T GT Hybrid Car Loan Calculator FAQs in UAE

In the UAE, you can find various financing options including bank loans, dealership financing, and personal loans tailored for vehicle purchases.

Taking a loan can impact your credit score. A new loan increases your credit utilization ratio, which may lower your score temporarily, but timely repayments can improve your score over time.

Consider your budget, interest rates, loan terms, and your ability to make monthly payments. It's also important to check your credit score before applying.

Factors include your credit score, loan amount, loan duration, and the lender's policies. Economic conditions can also play a role in determining interest rates.

Many lenders allow early repayment without penalties, but it's important to read the loan agreement carefully to confirm. Some may charge fees for early settlement.