CarteaCar Loan Calculator

Opel Corsa 2021 1.2T Elegance (5-Door) 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 4,711

Down Payment

AED 13,980

Total Cost

AED 70,512

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,711AED 51,821
2AED 4,711AED 47,110
3AED 4,711AED 42,399
4AED 4,711AED 37,688
5AED 4,711AED 32,977
6AED 4,711AED 28,266
7AED 4,711AED 23,555
8AED 4,711AED 18,844
9AED 4,711AED 14,133
10AED 4,711AED 9,422
11AED 4,711AED 4,711
12AED 4,711AED 0

Monthly Payment Composition

Interest: 51
Principal: 4660

Opel Corsa 2021 1.2T Elegance (5-Door) Car Loan Calculator FAQs in UAE

To purchase an Opel Corsa 2021 1.2T Elegance (5-Door) in UAE, you typically need to apply for a car loan through a bank or financial institution. The process usually involves submitting necessary documents, credit checks, and agreeing on loan terms.

Yes, applying for a car loan may temporarily affect your credit score due to the hard inquiry made by lenders. However, if you make timely payments, it can help improve your score over time.

When getting a car loan in UAE, consider the interest rate, loan tenure, monthly payments, down payment, and any additional fees. It's also important to review the terms and conditions carefully.

Typically, a down payment of 20% to 30% of the car's value is required for a car loan in UAE. However, this can vary based on the lender and the specific loan terms.

Common interest rates for car loans in UAE typically range from 3% to 5% per annum, depending on the lender and the borrower's credit profile.