

Renault Master 2021 2.3T Panel Van (L2H2) 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 (L2H2) Car Loan Calculator FAQs in UAE
- In the UAE, you can choose from various financing options such as bank loans, dealership financing, or leasing. Each option may have different interest rates and terms.
- Taking a loan can initially impact your credit score due to the hard inquiry. However, making timely payments can improve your score over time.
- Consider your monthly budget, the interest rate, loan term, and any additional fees or insurance requirements before applying for a car loan.
- Interest rates can be influenced by factors such as your credit score, the loan amount, the loan term, and the type of vehicle you are purchasing.
- Many lenders allow early repayment; however, some may charge a prepayment penalty. It's essential to check the loan terms before signing.
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