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Sonet 1.5L EX1 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 5,089

Down Payment

AED 15,100

Total Cost

AED 76,168

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,089AED 55,979
2AED 5,089AED 50,890
3AED 5,089AED 45,801
4AED 5,089AED 40,712
5AED 5,089AED 35,623
6AED 5,089AED 30,534
7AED 5,089AED 25,445
8AED 5,089AED 20,356
9AED 5,089AED 15,267
10AED 5,089AED 10,178
11AED 5,089AED 5,089
12AED 5,089AED 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.