Renew 1.5T PRO Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,570
Down Payment
AED 13,560
Total Cost
AED 68,400
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 4,570 | AED 50,270 |
| 2 | AED 4,570 | AED 45,700 |
| 3 | AED 4,570 | AED 41,130 |
| 4 | AED 4,570 | AED 36,560 |
| 5 | AED 4,570 | AED 31,990 |
| 6 | AED 4,570 | AED 27,420 |
| 7 | AED 4,570 | AED 22,850 |
| 8 | AED 4,570 | AED 18,280 |
| 9 | AED 4,570 | AED 13,710 |
| 10 | AED 4,570 | AED 9,140 |
| 11 | AED 4,570 | AED 4,570 |
| 12 | AED 4,570 | AED 0 |
Monthly Payment Composition
Interest: 50
Principal: 4520
Renew 1.5T PRO Car Loan Calculator FAQs in UAE
The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and getting approval before finalizing the purchase.
Yes, taking a loan can impact your credit score. It may lower your score initially due to the hard inquiry and increased debt, but timely payments can help improve it over time.
Consider your budget, interest rates, loan term, down payment, and the total cost of ownership including insurance and maintenance.
Factors include your credit score, the amount of the loan, the term length, the lender's policies, and current market conditions.
You will typically need identification, proof of income, residency proof, bank statements, and details about the vehicle.
