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RX8 2.0T Black Edition (AWD) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 8,087

Down Payment

AED 24,000

Total Cost

AED 121,044

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,087	AED 88,957
2	AED 8,087	AED 80,870
3	AED 8,087	AED 72,783
4	AED 8,087	AED 64,696
5	AED 8,087	AED 56,609
6	AED 8,087	AED 48,522
7	AED 8,087	AED 40,435
8	AED 8,087	AED 32,348
9	AED 8,087	AED 24,261
10	AED 8,087	AED 16,174
11	AED 8,087	AED 8,087
12	AED 8,087	AED 0

Monthly Payment Composition

Interest: 87

Principal: 8000

RX8 2.0T Black Edition (AWD) Car Loan Calculator FAQs in UAE

The financing process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and then the lender will assess your creditworthiness before approving the loan.

Yes, taking a loan can affect your credit score as it involves a hard inquiry on your credit report, and timely payments can improve your score while missed payments can lower it.

Consider your budget, the interest rates offered by different lenders, the loan term, and any additional fees or insurance requirements.

Factors include your credit score, the loan amount, your income level, and the current market conditions.

Yes, typically you will need to provide proof of income, identification documents, bank statements, and details of the car you wish to purchase.