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Sequoia Limited 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 23,250

Down Payment

AED 69,000

Total Cost

AED 348,000

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 23,250AED 255,750
2AED 23,250AED 232,500
3AED 23,250AED 209,250
4AED 23,250AED 186,000
5AED 23,250AED 162,750
6AED 23,250AED 139,500
7AED 23,250AED 116,250
8AED 23,250AED 93,000
9AED 23,250AED 69,750
10AED 23,250AED 46,500
11AED 23,250AED 23,250
12AED 23,250AED 0

Monthly Payment Composition

Interest: 250
Principal: 23000

Sequoia Limited Car Loan Calculator FAQs in UAE

To apply for a car loan with Sequoia Limited, you generally need to provide proof of identity, residency, income, and a credit report.

Taking a car loan can impact your credit score positively if you make timely payments, but late payments can negatively affect it.

You should consider the interest rates, repayment terms, any additional fees, and your ability to make the monthly payments.

Factors include your credit score, the length of the loan, the vehicle's value, and current market conditions.

Yes, many lenders, including Sequoia Limited, allow early repayment of loans, but it's important to check if there are any prepayment penalties.