HomeCar Loan Calculator

Renault Master 2020 2.3T Panel Van (L1H1) Car Loan Calculator in UAE

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

Monthly Payment

AED 4,711

Down Payment

AED 13,980

Total Cost

AED 70,512

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,711	AED 51,821
2	AED 4,711	AED 47,110
3	AED 4,711	AED 42,399
4	AED 4,711	AED 37,688
5	AED 4,711	AED 32,977
6	AED 4,711	AED 28,266
7	AED 4,711	AED 23,555
8	AED 4,711	AED 18,844
9	AED 4,711	AED 14,133
10	AED 4,711	AED 9,422
11	AED 4,711	AED 4,711
12	AED 4,711	AED 0

Monthly Payment Composition

Interest: 51

Principal: 4660

Renault Master 2020 2.3T Panel Van (L1H1) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. It's essential to compare interest rates and terms.

Taking a car loan can affect your credit score positively or negatively, depending on whether you make timely payments or default on the loan.

Before applying, consider your budget, the total cost of the vehicle, interest rates, loan tenure, and your ability to make monthly payments.

Interest rates can be influenced by factors such as the borrower's credit score, the loan amount, the duration of the loan, and the lender's policies.

Yes, many banks and financial institutions offer loans for used cars, including the Renault Master 2020. However, the loan terms may differ from new car loans.