What is the car loan process for purchasing a Nissan Sunny 2021 1.6L SL in UAE?

The car loan process typically involves checking your credit score, selecting the loan amount, submitting necessary documents, and getting loan approval from the bank.

Will taking a loan for the Nissan Sunny 2021 affect my credit score?

Yes, taking out a loan can impact your credit score, especially if you miss payments or default on the loan.

What factors should I consider when applying for a car loan for Nissan Sunny 2021?

Consider the interest rate, loan term, monthly payments, and any additional fees involved in the loan.

What is the typical interest rate for a car loan in UAE?

Interest rates can vary, but they typically range between 3% to 5% depending on the bank and your credit score.

What documents are required for a car loan application in UAE?

Commonly required documents include your Emirates ID, salary certificate, bank statements, and proof of residence.

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Nissan Sunny 2021 1.6L SL Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 65,000

Down PaymentAED 13,000

Monthly PaymentAED 4,381
Total CostAED 65,572
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 4,381	AED 48,191
2	AED 4,381	AED 43,810
3	AED 4,381	AED 39,429
4	AED 4,381	AED 35,048
5	AED 4,381	AED 30,667
6	AED 4,381	AED 26,286
7	AED 4,381	AED 21,905
8	AED 4,381	AED 17,524
9	AED 4,381	AED 13,143
10	AED 4,381	AED 8,762
11	AED 4,381	AED 4,381
12	AED 4,381	AED 0

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Nissan Sunny 2021 1.6L SL Car Loan Calculator FAQs in UAE

The car loan process typically involves checking your credit score, selecting the loan amount, submitting necessary documents, and getting loan approval from the bank.
Yes, taking out a loan can impact your credit score, especially if you miss payments or default on the loan.
Consider the interest rate, loan term, monthly payments, and any additional fees involved in the loan.
Interest rates can vary, but they typically range between 3% to 5% depending on the bank and your credit score.
Commonly required documents include your Emirates ID, salary certificate, bank statements, and proof of residence.