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Sonet 1.0T GDI A/T 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 63,000
Down PaymentAED 12,600
  • Monthly PaymentAED 4,246
  • Total CostAED 63,552
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 4,246AED 46,706
2AED 4,246AED 42,460
3AED 4,246AED 38,214
4AED 4,246AED 33,968
5AED 4,246AED 29,722
6AED 4,246AED 25,476
7AED 4,246AED 21,230
8AED 4,246AED 16,984
9AED 4,246AED 12,738
10AED 4,246AED 8,492
11AED 4,246AED 4,246
12AED 4,246AED 0

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Sonet 1.0T GDI A/T Car Loan Calculator FAQs in UAE

  • The car loan process generally involves selecting the vehicle, applying for a loan with a bank, and providing required documents such as proof of income and identification. The bank will then assess your creditworthiness and approve the loan based on their criteria.
  • Taking a car loan can affect your credit score positively or negatively. If you make timely payments, it can improve your score, but missed payments can have a detrimental effect.
  • Consider your budget, the interest rate offered, the loan term, and any additional fees. It's also important to understand your repayment capacity.
  • Interest rates for car loans in the UAE typically range from 3% to 5%, depending on the bank and your credit profile. It's advisable to compare rates from different banks.
  • You can improve your chances by maintaining a good credit score, having a stable income, reducing existing debts, and providing a larger down payment.

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