What is the SONG PLUS DMI Premium car loan in the UAE?

The SONG PLUS DMI Premium car loan in the UAE is a financing option that allows you to purchase a SONG PLUS vehicle with competitive interest rates and flexible repayment terms.

How can I apply for a SONG PLUS DMI Premium car loan?

You can apply for a SONG PLUS DMI Premium car loan by visiting a bank or financial institution in the UAE, providing necessary documents such as ID, proof of income, and the vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I consider before taking a car loan?

Before taking a car loan, consider the interest rates, loan terms, your budget, and whether you can afford the monthly payments.

What factors can affect my car loan interest rate?

Factors affecting your car loan interest rate include your credit score, loan amount, vehicle type, and the lender's policies.

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SONG PLUS Premium Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 144,900

Down PaymentAED 28,980

Monthly PaymentAED 9,765
Total CostAED 146,160
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 9,765	AED 107,415
2	AED 9,765	AED 97,650
3	AED 9,765	AED 87,885
4	AED 9,765	AED 78,120
5	AED 9,765	AED 68,355
6	AED 9,765	AED 58,590
7	AED 9,765	AED 48,825
8	AED 9,765	AED 39,060
9	AED 9,765	AED 29,295
10	AED 9,765	AED 19,530
11	AED 9,765	AED 9,765
12	AED 9,765	AED 0

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SONG PLUS Premium Car Loan Calculator FAQs in UAE

The SONG PLUS DMI Premium car loan in the UAE is a financing option that allows you to purchase a SONG PLUS vehicle with competitive interest rates and flexible repayment terms.
You can apply for a SONG PLUS DMI Premium car loan by visiting a bank or financial institution in the UAE, providing necessary documents such as ID, proof of income, and the vehicle details.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Before taking a car loan, consider the interest rates, loan terms, your budget, and whether you can afford the monthly payments.
Factors affecting your car loan interest rate include your credit score, loan amount, vehicle type, and the lender's policies.