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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.