

Raize 1.2L XLE Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,381
Down Payment
AED 13,000
Total Cost
AED 65,572
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 4,381 | AED 48,191 |
2 | AED 4,381 | AED 43,810 |
3 | AED 4,381 | AED 39,429 |
4 | AED 4,381 | AED 35,048 |
5 | AED 4,381 | AED 30,667 |
6 | AED 4,381 | AED 26,286 |
7 | AED 4,381 | AED 21,905 |
8 | AED 4,381 | AED 17,524 |
9 | AED 4,381 | AED 13,143 |
10 | AED 4,381 | AED 8,762 |
11 | AED 4,381 | AED 4,381 |
12 | AED 4,381 | AED 0 |
Monthly Payment Composition
Interest: 48
Principal: 4333
Raize 1.2L XLE Car Loan Calculator FAQs in UAE
- The car loan process typically involves selecting a bank or financial institution, submitting necessary documents, and completing the loan application. Once approved, you can proceed with the purchase.
- Yes, taking a loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.
- Factors include your credit score, income level, loan amount, and the duration of the loan. Banks may also consider current market rates.
- Be aware of the total cost of the loan, including interest rates, processing fees, and insurance. Understand your repayment terms and conditions.
- Yes, you can get a car loan if you are self-employed, but you may need to provide additional documentation to prove your income.
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