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Renault Master 2020 2.3T Chassis Cab (L3H1) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 5,560

Down Payment

AED 16,500

Total Cost

AED 83,220

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,560AED 61,160
2AED 5,560AED 55,600
3AED 5,560AED 50,040
4AED 5,560AED 44,480
5AED 5,560AED 38,920
6AED 5,560AED 33,360
7AED 5,560AED 27,800
8AED 5,560AED 22,240
9AED 5,560AED 16,680
10AED 5,560AED 11,120
11AED 5,560AED 5,560
12AED 5,560AED 0

Monthly Payment Composition

Interest: 60
Principal: 5500

Renault Master 2020 2.3T Chassis Cab (L3H1) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options including bank loans, dealer financing, and personal loans. Each option has different interest rates and repayment terms.

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

Typically, you will need to provide your Emirates ID, salary certificate, bank statements, and a copy of the vehicle's invoice.

Interest rates can be influenced by your credit score, the loan amount, the term of the loan, and the lender's policies.

To improve your chances, maintain a good credit score, provide accurate documentation, and ensure your debt-to-income ratio is healthy.