Sonata 2.5L Mid Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 6,672
Down Payment
AED 19,800
Total Cost
AED 99,864
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 6,672 | AED 73,392 |
| 2 | AED 6,672 | AED 66,720 |
| 3 | AED 6,672 | AED 60,048 |
| 4 | AED 6,672 | AED 53,376 |
| 5 | AED 6,672 | AED 46,704 |
| 6 | AED 6,672 | AED 40,032 |
| 7 | AED 6,672 | AED 33,360 |
| 8 | AED 6,672 | AED 26,688 |
| 9 | AED 6,672 | AED 20,016 |
| 10 | AED 6,672 | AED 13,344 |
| 11 | AED 6,672 | AED 6,672 |
| 12 | AED 6,672 | AED 0 |
Monthly Payment Composition
Interest: 72
Principal: 6600
Sonata 2.5L Mid Car Loan Calculator FAQs in UAE
The car loan process typically involves selecting a lender, submitting necessary documents, getting a loan approval, and then completing the purchase at the dealership.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can negatively impact it.
Consider the interest rates, loan terms, your monthly budget, down payment amount, and any additional fees.
Typically, you will need identification, proof of income, bank statements, and details of the vehicle you wish to purchase.
Factors include your credit score, the lender's policies, market interest rates, and the loan amount and duration.
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