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Megane 1.6L LE+ 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 4,954

Down Payment

AED 14,700

Total Cost

AED 74,148

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,954AED 54,494
2AED 4,954AED 49,540
3AED 4,954AED 44,586
4AED 4,954AED 39,632
5AED 4,954AED 34,678
6AED 4,954AED 29,724
7AED 4,954AED 24,770
8AED 4,954AED 19,816
9AED 4,954AED 14,862
10AED 4,954AED 9,908
11AED 4,954AED 4,954
12AED 4,954AED 0

Monthly Payment Composition

Interest: 54
Principal: 4900

Megane 1.6L LE+ Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and then receiving approval before finalizing the purchase.

Yes, taking a loan can affect your credit score. Timely repayments can improve it, while missed payments can lower it.

Typically, you will need to provide identification, proof of income, bank statements, and details about the vehicle.

Factors include your credit score, loan amount, loan term, and the bank's current interest rates.

Yes, there may be processing fees, early repayment fees, and insurance fees associated with the car loan.