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Sonata 2.5L (177HP) 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 7,750

Down Payment

AED 23,000

Total Cost

AED 116,000

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 7,750AED 85,250
2AED 7,750AED 77,500
3AED 7,750AED 69,750
4AED 7,750AED 62,000
5AED 7,750AED 54,250
6AED 7,750AED 46,500
7AED 7,750AED 38,750
8AED 7,750AED 31,000
9AED 7,750AED 23,250
10AED 7,750AED 15,500
11AED 7,750AED 7,750
12AED 7,750AED 0

Monthly Payment Composition

Interest: 84
Principal: 7666

Sonata 2.5L (177HP) Car Loan Calculator FAQs in UAE

The common financing options include bank loans, dealership financing, and leasing. It's advisable to compare interest rates and terms.

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents such as ID, proof of income, and vehicle details.

Yes, taking out a car loan can affect your credit score positively or negatively, depending on your repayment history.

Consider the interest rates, loan terms, your budget for monthly payments, and any additional fees.

Factors include your credit score, the loan amount, the term length, and the lender's policies.