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Raize 1.0T Limited 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 59,000
Down PaymentAED 11,800
  • Monthly PaymentAED 3,977
  • Total CostAED 59,524
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 3,977AED 43,747
2AED 3,977AED 39,770
3AED 3,977AED 35,793
4AED 3,977AED 31,816
5AED 3,977AED 27,839
6AED 3,977AED 23,862
7AED 3,977AED 19,885
8AED 3,977AED 15,908
9AED 3,977AED 11,931
10AED 3,977AED 7,954
11AED 3,977AED 3,977
12AED 3,977AED 0

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Raize 1.0T Limited Car Loan Calculator FAQs in UAE

  • The car loan process generally involves filling out an application, providing necessary documents such as proof of income and identification, and then the bank will assess your creditworthiness before approving the loan.
  • Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can lower it.
  • Consider the interest rate, loan terms, monthly payments, and any additional fees associated with the loan before making your decision.
  • Interest rates can vary based on factors such as your credit score, the bank's policies, and the overall economic conditions in the UAE.
  • Many banks offer special promotions or lower interest rates for specific models, so it's advisable to check with various lenders for the best deal.

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