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Nissan Sunny 2022 1.6L SL 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 4,785

Down Payment

AED 14,200

Total Cost

AED 71,620

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,785AED 52,635
2AED 4,785AED 47,850
3AED 4,785AED 43,065
4AED 4,785AED 38,280
5AED 4,785AED 33,495
6AED 4,785AED 28,710
7AED 4,785AED 23,925
8AED 4,785AED 19,140
9AED 4,785AED 14,355
10AED 4,785AED 9,570
11AED 4,785AED 4,785
12AED 4,785AED 0

Monthly Payment Composition

Interest: 52
Principal: 4733

Nissan Sunny 2022 1.6L SL Car Loan Calculator FAQs in UAE

The car loan process typically involves submitting your income documents, credit report, and vehicle details to the bank. After evaluation, the bank will provide a loan offer based on your financial status.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

Consider your budget, the total cost of the car including interest, loan terms, and your ability to make monthly payments. It's also wise to check your credit score beforehand.

Factors include your credit score, loan term, the amount you plan to borrow, and current market rates. A higher credit score usually results in a lower interest rate.

Yes, you can still obtain a car loan with a low credit score, but you may face higher interest rates and stricter terms. Some lenders specialize in loans for individuals with lower scores.