What are the loan requirements for purchasing a SONG PLUS AWD in the UAE?

To secure a loan for a SONG PLUS AWD, you typically need a valid UAE residence visa, Emirates ID, proof of income, and bank statements.

How does taking a loan for a SONG PLUS AWD affect my credit score?

Taking a loan can impact your credit score positively or negatively, depending on your repayment behavior. Timely payments can improve your score, whereas missed payments can lower it.

What factors influence the interest rate for a SONG PLUS AWD loan in the UAE?

Interest rates can be influenced by several factors including your credit score, the loan term, the bank's policies, and current market conditions.

What are the monthly payment options for a SONG PLUS AWD loan?

Monthly payment options will vary based on the loan amount, interest rate, and loan term. It's advisable to use an online calculator or consult with your bank for precise figures.

Are there any additional fees associated with a SONG PLUS AWD loan?

Yes, additional fees may include processing fees, insurance, and registration fees. Be sure to inquire about all potential costs when applying for a loan.

CarteaCar Loan Calculator

SONG PLUS AWD Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 9,698

Down Payment

AED 28,780

Total Cost

AED 145,156

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 9,698	AED 106,678
2	AED 9,698	AED 96,980
3	AED 9,698	AED 87,282
4	AED 9,698	AED 77,584
5	AED 9,698	AED 67,886
6	AED 9,698	AED 58,188
7	AED 9,698	AED 48,490
8	AED 9,698	AED 38,792
9	AED 9,698	AED 29,094
10	AED 9,698	AED 19,396
11	AED 9,698	AED 9,698
12	AED 9,698	AED 0

Monthly Payment Composition

Interest: 105

Principal: 9593

SONG PLUS AWD Car Loan Calculator FAQs in UAE

To secure a loan for a SONG PLUS AWD, you typically need a valid UAE residence visa, Emirates ID, proof of income, and bank statements.
Taking a loan can impact your credit score positively or negatively, depending on your repayment behavior. Timely payments can improve your score, whereas missed payments can lower it.
Interest rates can be influenced by several factors including your credit score, the loan term, the bank's policies, and current market conditions.
Monthly payment options will vary based on the loan amount, interest rate, and loan term. It's advisable to use an online calculator or consult with your bank for precise figures.
Yes, additional fees may include processing fees, insurance, and registration fees. Be sure to inquire about all potential costs when applying for a loan.