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Megane 1.6L PE Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
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Monthly Payment

AED 4,920

Down Payment

AED 14,600

Total Cost

AED 73,640

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,920AED 54,120
2AED 4,920AED 49,200
3AED 4,920AED 44,280
4AED 4,920AED 39,360
5AED 4,920AED 34,440
6AED 4,920AED 29,520
7AED 4,920AED 24,600
8AED 4,920AED 19,680
9AED 4,920AED 14,760
10AED 4,920AED 9,840
11AED 4,920AED 4,920
12AED 4,920AED 0

Monthly Payment Composition

Interest: 54
Principal: 4866

Megane 1.6L PE Car Loan Calculator FAQs in UAE

To apply for a car loan in the UAE for the Megane 1.6L PE, you typically need to provide proof of income, a valid UAE residence visa, and a good credit score.

Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score.

Factors that can influence the interest rate on your car loan include your credit score, loan term, and the lender's policies.

The typical loan term for financing a Megane 1.6L PE in the UAE ranges from 24 to 60 months.

Yes, be aware of potential additional fees such as processing fees, insurance costs, and early repayment penalties.