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Renault Megane 2022 2.0L PE 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 *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 3,835

Down Payment

AED 11,380

Total Cost

AED 57,400

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 3,835AED 42,185
2AED 3,835AED 38,350
3AED 3,835AED 34,515
4AED 3,835AED 30,680
5AED 3,835AED 26,845
6AED 3,835AED 23,010
7AED 3,835AED 19,175
8AED 3,835AED 15,340
9AED 3,835AED 11,505
10AED 3,835AED 7,670
11AED 3,835AED 3,835
12AED 3,835AED 0

Monthly Payment Composition

Interest: 42
Principal: 3793

Renault Megane 2022 2.0L PE Car Loan Calculator FAQs in UAE

  • Eligibility requirements typically include being at least 21 years old, having a stable income, and a good credit history.
  • You can apply online through your bank's website or visit a branch in person with the required documents.
  • Yes, taking out a car loan may affect your credit score, especially if you miss payments. However, consistent payments can improve it.
  • Consider the interest rate, loan term, monthly payments, and any additional fees involved.
  • Factors include inflation rates, interest rates set by the central bank, and economic stability.