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Megane 2.0L PE 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 5,257

Down Payment

AED 15,600

Total Cost

AED 78,684

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,257AED 57,827
2AED 5,257AED 52,570
3AED 5,257AED 47,313
4AED 5,257AED 42,056
5AED 5,257AED 36,799
6AED 5,257AED 31,542
7AED 5,257AED 26,285
8AED 5,257AED 21,028
9AED 5,257AED 15,771
10AED 5,257AED 10,514
11AED 5,257AED 5,257
12AED 5,257AED 0

Monthly Payment Composition

Interest: 57
Principal: 5200

Megane 2.0L PE Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options, including bank loans, dealership financing, and personal loans. It's important to compare interest rates and terms.

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 harm it.

Typically, you will need to provide identification, proof of income, residency documents, and details of the vehicle you wish to purchase.

Interest rates can be influenced by your credit score, the loan amount, the loan term, and the bank's policies. Economic conditions may also play a role.

Be cautious about the total cost of the loan, including interest and fees, your ability to repay, and any penalties for early repayment or late payments.