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Renault Master 2020 2.3T Panel Van (L4H3) 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) *
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interest rate *
%
calculate

Monthly Payment

AED 6,133

Down Payment

AED 18,200

Total Cost

AED 91,796

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,133AED 67,463
2AED 6,133AED 61,330
3AED 6,133AED 55,197
4AED 6,133AED 49,064
5AED 6,133AED 42,931
6AED 6,133AED 36,798
7AED 6,133AED 30,665
8AED 6,133AED 24,532
9AED 6,133AED 18,399
10AED 6,133AED 12,266
11AED 6,133AED 6,133
12AED 6,133AED 0

Monthly Payment Composition

Interest: 67
Principal: 6066

Renault Master 2020 2.3T Panel Van (L4H3) Car Loan Calculator FAQs in UAE

To apply for a car loan, you typically need to provide proof of income, Emirates ID, residency visa, and details about the vehicle you wish to purchase.

Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score.

Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a car loan.

Factors include your credit score, the loan amount, the duration of the loan, and the lender's policies.

Improve your credit score, reduce existing debt, and ensure you have a stable income before applying for a car loan.