Sonet 1.5L EX1 Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 5,089
Down Payment
AED 15,100
Total Cost
AED 76,168
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 5,089 | AED 55,979 |
| 2 | AED 5,089 | AED 50,890 |
| 3 | AED 5,089 | AED 45,801 |
| 4 | AED 5,089 | AED 40,712 |
| 5 | AED 5,089 | AED 35,623 |
| 6 | AED 5,089 | AED 30,534 |
| 7 | AED 5,089 | AED 25,445 |
| 8 | AED 5,089 | AED 20,356 |
| 9 | AED 5,089 | AED 15,267 |
| 10 | AED 5,089 | AED 10,178 |
| 11 | AED 5,089 | AED 5,089 |
| 12 | AED 5,089 | AED 0 |
Monthly Payment Composition
Interest: 56
Principal: 5033
Sonet 1.5L EX1 Car Loan Calculator FAQs in UAE
In the UAE, you can choose from various financing options such as traditional bank loans, financing through dealerships, or Islamic finance options.
You can apply for a car loan by gathering the required documents, such as your ID, salary certificate, and bank statements, then visiting a bank or a finance company.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can decrease it.
Be aware of the interest rates, loan terms, and any additional fees. Always read the fine print before signing the agreement.
Factors include your credit score, the loan amount, the length of the loan, and the current market interest rates.
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