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Renault Master 2021 2.3T Panel Van (L1H1) 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 82,500
Down PaymentAED 16,500
  • Monthly PaymentAED 5,560
  • Total CostAED 83,220
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining 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

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Renault Master 2021 2.3T Panel Van (L1H1) Car Loan Calculator FAQs in UAE

  • The loan process typically involves selecting the vehicle, applying for the loan through a bank or financial institution, providing necessary documentation, and awaiting approval before finalizing the purchase.
  • Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.
  • Consider factors such as interest rates, loan terms, down payment requirements, and your financial situation before applying.
  • Loan interest rates can vary based on your credit score, the lender's policies, and current market conditions. It’s advisable to shop around for the best rates.
  • You typically need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.