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Raize 1.2L E 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 4,172

Down Payment

AED 12,380

Total Cost

AED 62,444

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,172AED 45,892
2AED 4,172AED 41,720
3AED 4,172AED 37,548
4AED 4,172AED 33,376
5AED 4,172AED 29,204
6AED 4,172AED 25,032
7AED 4,172AED 20,860
8AED 4,172AED 16,688
9AED 4,172AED 12,516
10AED 4,172AED 8,344
11AED 4,172AED 4,172
12AED 4,172AED 0

Monthly Payment Composition

Interest: 46
Principal: 4126

Raize 1.2L E Car Loan Calculator FAQs in UAE

The Raize 1.2L E car loan in the UAE is a financial product offered by banks to help customers finance the purchase of this specific car model.

To apply for a car loan for the Raize 1.2L E, you need to visit a bank or financial institution, provide required documents, and fill out an application form.

Yes, taking a car loan can affect your credit score, especially if you make timely payments or default on the loan.

When taking out a car loan, be aware of the interest rates, loan terms, fees, and your ability to repay the loan.

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and current market conditions.