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Peugeot 5008 2018 1.6T Active 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 6,740

Down Payment

AED 20,000

Total Cost

AED 100,880

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,740AED 74,140
2AED 6,740AED 67,400
3AED 6,740AED 60,660
4AED 6,740AED 53,920
5AED 6,740AED 47,180
6AED 6,740AED 40,440
7AED 6,740AED 33,700
8AED 6,740AED 26,960
9AED 6,740AED 20,220
10AED 6,740AED 13,480
11AED 6,740AED 6,740
12AED 6,740AED 0

Monthly Payment Composition

Interest: 74
Principal: 6666

Peugeot 5008 2018 1.6T Active Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a bank or financial institution, submitting your documents, getting pre-approved, and then finalizing the loan agreement after choosing your vehicle.

Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.

You should pay attention to the interest rates, loan terms, repayment options, and any additional fees involved in the loan.

Factors that can affect loan interest rates include your credit history, the loan amount, the duration of the loan, and the bank’s policies.

Yes, you can refinance your car loan later if you find better interest rates or terms that suit your financial situation.