Sorento 3.5L EX1 (AWD) Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 11,154
Down Payment
AED 33,100
Total Cost
AED 166,948
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 11,154 | AED 122,694 |
| 2 | AED 11,154 | AED 111,540 |
| 3 | AED 11,154 | AED 100,386 |
| 4 | AED 11,154 | AED 89,232 |
| 5 | AED 11,154 | AED 78,078 |
| 6 | AED 11,154 | AED 66,924 |
| 7 | AED 11,154 | AED 55,770 |
| 8 | AED 11,154 | AED 44,616 |
| 9 | AED 11,154 | AED 33,462 |
| 10 | AED 11,154 | AED 22,308 |
| 11 | AED 11,154 | AED 11,154 |
| 12 | AED 11,154 | AED 0 |
Monthly Payment Composition
Interest: 121
Principal: 11033
Sorento 3.5L EX1 (AWD) Car Loan Calculator FAQs in UAE
Interest rates for car loans in the UAE typically range from 2.5% to 5%, depending on the bank and your credit history.
You can apply for a car loan online through the bank's website, or visit a local branch to submit your application in person.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Typically, you need to provide your Emirates ID, proof of income, bank statements, and vehicle details.
Factors include your credit history, income level, employment stability, and the loan-to-value ratio of the car.
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