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Sealion 7 Performance Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
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Loan Period (years) *
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interest rate *
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Monthly Payment

AED 13,000

Down Payment

AED 38,580

Total Cost

AED 194,580

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,000AED 143,000
2AED 13,000AED 130,000
3AED 13,000AED 117,000
4AED 13,000AED 104,000
5AED 13,000AED 91,000
6AED 13,000AED 78,000
7AED 13,000AED 65,000
8AED 13,000AED 52,000
9AED 13,000AED 39,000
10AED 13,000AED 26,000
11AED 13,000AED 13,000
12AED 13,000AED 0

Monthly Payment Composition

Interest: 140
Principal: 12860

Sealion 7 Performance Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose between bank loans, dealership financing, and personal loans to purchase the Sealion 7 Performance. It's advisable to compare interest rates and terms from different lenders.

Taking a loan can impact your credit score positively if you make timely payments, as it demonstrates your ability to manage debt. However, missing payments can negatively affect your score.

When applying for a car loan, consider the interest rate, loan term, monthly payments, and any additional fees. Also, ensure you have all necessary documents ready, such as proof of income and identification.

Factors that can influence your interest rate include your credit score, the loan amount, the loan term, and the current market rates. Lenders may offer better rates to borrowers with higher credit scores.

Many lenders allow early repayment of loans, but some may impose prepayment penalties. Always check the loan agreement for specific terms regarding early repayment.