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LX Flagship 1.6T 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 104,999
Down PaymentAED 21,000
  • Monthly PaymentAED 7,076
  • Total CostAED 105,912
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 7,076AED 77,836
2AED 7,076AED 70,760
3AED 7,076AED 63,684
4AED 7,076AED 56,608
5AED 7,076AED 49,532
6AED 7,076AED 42,456
7AED 7,076AED 35,380
8AED 7,076AED 28,304
9AED 7,076AED 21,228
10AED 7,076AED 14,152
11AED 7,076AED 7,076
12AED 7,076AED 0

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LX Flagship 1.6T Car Loan Calculator FAQs in UAE

  • In the UAE, you can choose from various financing options such as bank loans, dealership financing, or leasing. Each option has its own terms and conditions.
  • Taking a loan can affect your credit score positively or negatively depending on your repayment history. Timely payments can improve your score, while missed payments can decrease it.
  • You should consider the interest rate, loan term, monthly payments, and any additional fees. It's also important to check your credit score beforehand.
  • Factors influencing the interest rate include your credit score, the duration of the loan, the bank's policies, and current market conditions.
  • Yes, many banks in the UAE offer car loans to foreigners, but you may need to provide additional documentation, such as proof of income and residency.