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SONG PLUS FWD 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 8,013

Down Payment

AED 23,780

Total Cost

AED 119,936

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,013AED 88,143
2AED 8,013AED 80,130
3AED 8,013AED 72,117
4AED 8,013AED 64,104
5AED 8,013AED 56,091
6AED 8,013AED 48,078
7AED 8,013AED 40,065
8AED 8,013AED 32,052
9AED 8,013AED 24,039
10AED 8,013AED 16,026
11AED 8,013AED 8,013
12AED 8,013AED 0

Monthly Payment Composition

Interest: 87
Principal: 7926

SONG PLUS FWD Car Loan Calculator FAQs in UAE

Typically, you need to be at least 21 years old, have a steady income, and a good credit score to qualify for a car loan.

Taking a car loan can positively or negatively impact your credit score depending on your repayment behavior. Timely payments can improve your score.

You typically need to provide identification, proof of income, bank statements, and details about the vehicle.

Interest rates can be affected by your credit score, the loan amount, the loan term, and the lender's policies.

Yes, there can be fees such as processing fees, insurance costs, and early repayment penalties, so it's important to read the loan agreement carefully.