Megane 1.6L LE+ Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,954
Down Payment
AED 14,700
Total Cost
AED 74,148
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 4,954 | AED 54,494 |
| 2 | AED 4,954 | AED 49,540 |
| 3 | AED 4,954 | AED 44,586 |
| 4 | AED 4,954 | AED 39,632 |
| 5 | AED 4,954 | AED 34,678 |
| 6 | AED 4,954 | AED 29,724 |
| 7 | AED 4,954 | AED 24,770 |
| 8 | AED 4,954 | AED 19,816 |
| 9 | AED 4,954 | AED 14,862 |
| 10 | AED 4,954 | AED 9,908 |
| 11 | AED 4,954 | AED 4,954 |
| 12 | AED 4,954 | AED 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.
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