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Levante MODENA ULTIMA 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 485,000
Down PaymentAED 97,000
  • Monthly PaymentAED 32,685
  • Total CostAED 489,220
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 32,685AED 359,535
2AED 32,685AED 326,850
3AED 32,685AED 294,165
4AED 32,685AED 261,480
5AED 32,685AED 228,795
6AED 32,685AED 196,110
7AED 32,685AED 163,425
8AED 32,685AED 130,740
9AED 32,685AED 98,055
10AED 32,685AED 65,370
11AED 32,685AED 32,685
12AED 32,685AED 0

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Levante MODENA ULTIMA Car Loan Calculator FAQs in UAE

  • The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documentation such as income proof, identity verification, and vehicle details, and then waiting for approval before finalizing the purchase.
  • Yes, taking a loan can affect your credit score. Initially, your score may decrease due to the hard inquiry, but if you make timely payments, it can improve your score over time.
  • Consider factors such as interest rates, loan terms, monthly payments, your credit score, and any additional fees or insurance required.
  • A higher interest rate will increase your monthly payments, while a lower interest rate will decrease them. It's important to shop around for the best rates.
  • You typically need to provide your Emirates ID, proof of income, bank statements, and details of the vehicle you intend to purchase.