

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
Monthly Payment
AED 5,560
Down Payment
AED 16,500
Total Cost
AED 83,220
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 5,560 | AED 61,160 |
2 | AED 5,560 | AED 55,600 |
3 | AED 5,560 | AED 50,040 |
4 | AED 5,560 | AED 44,480 |
5 | AED 5,560 | AED 38,920 |
6 | AED 5,560 | AED 33,360 |
7 | AED 5,560 | AED 27,800 |
8 | AED 5,560 | AED 22,240 |
9 | AED 5,560 | AED 16,680 |
10 | AED 5,560 | AED 11,120 |
11 | AED 5,560 | AED 5,560 |
12 | AED 5,560 | AED 0 |
Monthly Payment Composition
Interest: 60
Principal: 5500
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.
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