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Mirage 1.2 GLX HL 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 40,000
Down PaymentAED 8,000
  • Monthly PaymentAED 2,696
  • Total CostAED 40,352
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 2,696AED 29,656
2AED 2,696AED 26,960
3AED 2,696AED 24,264
4AED 2,696AED 21,568
5AED 2,696AED 18,872
6AED 2,696AED 16,176
7AED 2,696AED 13,480
8AED 2,696AED 10,784
9AED 2,696AED 8,088
10AED 2,696AED 5,392
11AED 2,696AED 2,696
12AED 2,696AED 0

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Mirage 1.2 GLX HL Car Loan Calculator FAQs in UAE

  • To obtain a car loan for a Mirage 1.2 GLX HL in the UAE, you typically need to apply through a bank or financial institution, submit required documents such as proof of income, identification, and details of the car. The bank will evaluate your creditworthiness before approving the loan.
  • Yes, taking a car loan can affect your credit score. If you make your payments on time, it can improve your score, but late payments or defaults can negatively impact it.
  • Consider the interest rate, loan term, monthly payment amount, any additional fees, and your overall financial situation before applying for a car loan.
  • The interest rates for car loans in the UAE typically range from 3% to 5%, but they can vary based on the lender and your credit profile.
  • Yes, there may be additional costs such as processing fees, insurance, registration fees, and potential prepayment penalties. It's important to inquire about all costs associated with the loan.