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Peugeot 508 2019 1.6T GT Line 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 8,081

Down Payment

AED 23,980

Total Cost

AED 120,952

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,081AED 88,891
2AED 8,081AED 80,810
3AED 8,081AED 72,729
4AED 8,081AED 64,648
5AED 8,081AED 56,567
6AED 8,081AED 48,486
7AED 8,081AED 40,405
8AED 8,081AED 32,324
9AED 8,081AED 24,243
10AED 8,081AED 16,162
11AED 8,081AED 8,081
12AED 8,081AED 0

Monthly Payment Composition

Interest: 88
Principal: 7993

Peugeot 508 2019 1.6T GT Line Car Loan Calculator FAQs in UAE

In UAE, you can choose between bank loans, dealership financing, or personal loans. Each option has different terms and interest rates.

You can apply for a car loan by visiting a bank or financial institution, or you can apply online. You'll need to provide documents like your ID, income proof, and vehicle details.

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

Be aware of the interest rates, loan terms, and any additional fees. It's also important to understand your repayment capacity.

Factors include your credit score, the loan amount, loan duration, and the bank's policies. Economic conditions may also play a role.