

Peugeot 508 2020 1.6T GT Line Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 8,081
Down Payment
AED 23,980
Total Cost
AED 120,952
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 8,081 | AED 88,891 |
2 | AED 8,081 | AED 80,810 |
3 | AED 8,081 | AED 72,729 |
4 | AED 8,081 | AED 64,648 |
5 | AED 8,081 | AED 56,567 |
6 | AED 8,081 | AED 48,486 |
7 | AED 8,081 | AED 40,405 |
8 | AED 8,081 | AED 32,324 |
9 | AED 8,081 | AED 24,243 |
10 | AED 8,081 | AED 16,162 |
11 | AED 8,081 | AED 8,081 |
12 | AED 8,081 | AED 0 |
Monthly Payment Composition
Interest: 88
Principal: 7993
Peugeot 508 2020 1.6T GT Line Car Loan Calculator FAQs in UAE
In UAE, you can choose between bank loans, dealership financing, or personal loans from financial institutions. Each option has different terms and interest rates.
Taking an auto loan can positively or negatively impact your credit score depending on your repayment behavior. Timely payments can improve your score, while missed payments can harm it.
Typically, you will need your Emirates ID, salary certificate, bank statements, and proof of residence. Additional documents may be required by the lender.
Factors include your credit score, loan amount, loan tenure, and the lender's policies. Economic conditions and interest rate trends may also play a role.
Consider your budget, the total cost of the loan (including interest), your repayment capability, and whether you have a stable income. Also, compare offers from different lenders.
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