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Renault Symbol 2020 1.6L 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 2,595

Down Payment

AED 7,700

Total Cost

AED 38,840

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 2,595AED 28,545
2AED 2,595AED 25,950
3AED 2,595AED 23,355
4AED 2,595AED 20,760
5AED 2,595AED 18,165
6AED 2,595AED 15,570
7AED 2,595AED 12,975
8AED 2,595AED 10,380
9AED 2,595AED 7,785
10AED 2,595AED 5,190
11AED 2,595AED 2,595
12AED 2,595AED 0

Monthly Payment Composition

Interest: 29
Principal: 2566

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

In UAE, you can choose from various financing options including bank loans, dealership financing, and personal loans specifically designed for vehicle purchases.

Taking a loan can affect your credit score positively if you make timely payments. However, missing payments can lead to a decrease in your score.

Consider your monthly budget, interest rates, loan terms, and additional fees before applying for a car loan.

Factors include your credit score, the loan amount, the loan term, and the lender's policies.

Some lenders may charge a penalty for early repayment, while others may not. It’s important to check the terms of your loan agreement.