HomeCar Loan Calculator

Raize 1.0T G 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 4,509

Down Payment

AED 13,380

Total Cost

AED 67,488

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,509AED 49,599
2AED 4,509AED 45,090
3AED 4,509AED 40,581
4AED 4,509AED 36,072
5AED 4,509AED 31,563
6AED 4,509AED 27,054
7AED 4,509AED 22,545
8AED 4,509AED 18,036
9AED 4,509AED 13,527
10AED 4,509AED 9,018
11AED 4,509AED 4,509
12AED 4,509AED 0

Monthly Payment Composition

Interest: 49
Principal: 4460

Raize 1.0T G Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a lender, submitting an application, providing necessary documentation such as proof of income and identity, and then waiting for approval.

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

Consider your budget, the total cost of the loan, interest rates, repayment terms, and your ability to make monthly payments.

Factors include your credit score, the loan amount, the loan term, and the current market interest rates.

Yes, there may be fees such as processing fees, documentation fees, or early repayment fees. It’s important to read the loan agreement carefully.