Sonet 1.5L LX Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 4,549
Down Payment
AED 13,500
Total Cost
AED 68,088
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 4,549 | AED 50,039 |
| 2 | AED 4,549 | AED 45,490 |
| 3 | AED 4,549 | AED 40,941 |
| 4 | AED 4,549 | AED 36,392 |
| 5 | AED 4,549 | AED 31,843 |
| 6 | AED 4,549 | AED 27,294 |
| 7 | AED 4,549 | AED 22,745 |
| 8 | AED 4,549 | AED 18,196 |
| 9 | AED 4,549 | AED 13,647 |
| 10 | AED 4,549 | AED 9,098 |
| 11 | AED 4,549 | AED 4,549 |
| 12 | AED 4,549 | AED 0 |
Monthly Payment Composition
Interest: 49
Principal: 4500
Sonet 1.5L LX Car Loan Calculator FAQs in UAE
The car loan process typically involves choosing a lender, submitting necessary documents, applying for the loan, and getting approval. Once approved, you can finalize the purchase.
Yes, taking out a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Be aware of interest rates, loan terms, your budget for monthly repayments, and any additional fees or insurance requirements.
Factors include your credit score, loan amount, loan term, and the lender's policies. Economic conditions may also play a role.
Many lenders allow early repayment, but some may charge a prepayment penalty. Check the terms of your loan agreement.
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