HomeCar Loan Calculator

MC20 Cielo 3.0T V6 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 67,324

Down Payment

AED 199,800

Total Cost

AED 1,007,688

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 67,324AED 740,564
2AED 67,324AED 673,240
3AED 67,324AED 605,916
4AED 67,324AED 538,592
5AED 67,324AED 471,268
6AED 67,324AED 403,944
7AED 67,324AED 336,620
8AED 67,324AED 269,296
9AED 67,324AED 201,972
10AED 67,324AED 134,648
11AED 67,324AED 67,324
12AED 67,324AED 0

Monthly Payment Composition

Interest: 724
Principal: 66600

MC20 Cielo 3.0T V6 Car Loan Calculator FAQs in UAE

In UAE, financing options for the MC20 Cielo 3.0T V6 include traditional bank loans, car financing through dealerships, and Islamic financing options.

Taking a loan can impact your credit score positively if you make timely payments. However, missing payments can lead to a decrease in your score.

Consider the interest rates, loan terms, down payment, and your monthly budget before applying for a loan.

Factors include your credit score, the loan amount, the duration of the loan, and the lender's policies.

It depends on the terms offered. Dealerships may offer promotions, while banks may provide lower interest rates. Compare both options.