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Renegade 2.4L Sport (4x2) 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 5,385

Down Payment

AED 15,980

Total Cost

AED 80,600

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,385AED 59,235
2AED 5,385AED 53,850
3AED 5,385AED 48,465
4AED 5,385AED 43,080
5AED 5,385AED 37,695
6AED 5,385AED 32,310
7AED 5,385AED 26,925
8AED 5,385AED 21,540
9AED 5,385AED 16,155
10AED 5,385AED 10,770
11AED 5,385AED 5,385
12AED 5,385AED 0

Monthly Payment Composition

Interest: 59
Principal: 5326

Renegade 2.4L Sport (4x2) Car Loan Calculator FAQs in UAE

Typically, you will need to provide proof of income, identification, residency, and a good credit score to apply for a car loan in UAE.

A car loan can affect your credit score positively if you make timely payments, but missing payments can negatively impact your score.

You should review the interest rates, loan terms, any hidden fees, and the total cost of the loan before signing.

Factors include your credit score, loan amount, loan term, and current market conditions.

Yes, refinancing is possible if you find better interest rates or terms after your initial purchase.