Mohave 3.8L Base Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 7,009
Down Payment
AED 20,800
Total Cost
AED 104,908
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 7,009 | AED 77,099 |
| 2 | AED 7,009 | AED 70,090 |
| 3 | AED 7,009 | AED 63,081 |
| 4 | AED 7,009 | AED 56,072 |
| 5 | AED 7,009 | AED 49,063 |
| 6 | AED 7,009 | AED 42,054 |
| 7 | AED 7,009 | AED 35,045 |
| 8 | AED 7,009 | AED 28,036 |
| 9 | AED 7,009 | AED 21,027 |
| 10 | AED 7,009 | AED 14,018 |
| 11 | AED 7,009 | AED 7,009 |
| 12 | AED 7,009 | AED 0 |
Monthly Payment Composition
Interest: 76
Principal: 6933
Mohave 3.8L Base Car Loan Calculator FAQs in UAE
In the UAE, you can choose from several loan options such as fixed-rate loans, variable-rate loans, and zero-down payment loans depending on your eligibility and bank policies.
To apply for a car loan, you need to visit the bank or financial institution, provide necessary documents such as ID, salary certificate, and vehicle details, and fill out the loan application form.
Yes, taking a car loan can impact your credit score. Timely repayments may improve your score, while missed payments can negatively affect it.
Before taking a loan, consider the interest rates, loan tenure, your budget for monthly repayments, and any additional charges such as processing fees.
Factors affecting the loan interest rate include your credit score, loan amount, loan tenure, and the current economic conditions in the UAE.
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