Lite Ace 1.5L GL MT Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Calculation Of Loans
- Monthly PaymentAED 5,048
- Total CostAED 75,556
- Loan Period12 Month
Car Loan Monthly Installments Schedule
| Payment Schedule | Monthly Payment | Remaining Amount |
|---|---|---|
| 1 | AED 5,048 | AED 55,528 |
| 2 | AED 5,048 | AED 50,480 |
| 3 | AED 5,048 | AED 45,432 |
| 4 | AED 5,048 | AED 40,384 |
| 5 | AED 5,048 | AED 35,336 |
| 6 | AED 5,048 | AED 30,288 |
| 7 | AED 5,048 | AED 25,240 |
| 8 | AED 5,048 | AED 20,192 |
| 9 | AED 5,048 | AED 15,144 |
| 10 | AED 5,048 | AED 10,096 |
| 11 | AED 5,048 | AED 5,048 |
| 12 | AED 5,048 | AED 0 |
Car Finance Recommendation
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- In-house Team
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Lite Ace 1.5L GL MT Car Loan Calculator FAQs in UAE
- The car loan process includes applying for the loan through a bank or financial institution, submitting required documents such as proof of income, identity, and vehicle details, and finally getting approval and signing the loan agreement.
- Yes, taking a loan can impact your credit score. Timely repayments can improve your score, while missed payments can lower it.
- Consider your monthly budget, interest rates, loan terms, and additional costs such as insurance and maintenance before applying for the loan.
- Factors include your credit history, the loan amount, the loan tenure, and the current economic conditions.
- Yes, typically you need to provide proof of income, residency, identification, and details of the vehicle you wish to purchase.
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