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Renault Symbol 2020 1.6L LE 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) *
Y
interest rate *
%
calculate

Monthly Payment

AED 3,235

Down Payment

AED 9,600

Total Cost

AED 48,420

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 3,235AED 35,585
2AED 3,235AED 32,350
3AED 3,235AED 29,115
4AED 3,235AED 25,880
5AED 3,235AED 22,645
6AED 3,235AED 19,410
7AED 3,235AED 16,175
8AED 3,235AED 12,940
9AED 3,235AED 9,705
10AED 3,235AED 6,470
11AED 3,235AED 3,235
12AED 3,235AED 0

Monthly Payment Composition

Interest: 35
Principal: 3200

Renault Symbol 2020 1.6L LE Car Loan Calculator FAQs in UAE

To obtain a car loan for a Renault Symbol 2020 1.6L LE in the UAE, you need to provide necessary documents like your Emirates ID, salary certificate, and bank statements. After that, you can apply through banks or financial institutions that offer auto loans.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

Consider your budget, interest rates, loan term, and monthly repayments. Additionally, check the bank's reputation and customer service.

Interest rates for car loans in the UAE typically range from 3% to 5% depending on the bank and your credit score.

You will typically need to provide your Emirates ID, passport, proof of residence, salary certificate, and bank statements.