

Soul 1.6L MPI A/T STD Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 3,875
Down Payment
AED 11,500
Total Cost
AED 58,000
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 3,875 | AED 42,625 |
2 | AED 3,875 | AED 38,750 |
3 | AED 3,875 | AED 34,875 |
4 | AED 3,875 | AED 31,000 |
5 | AED 3,875 | AED 27,125 |
6 | AED 3,875 | AED 23,250 |
7 | AED 3,875 | AED 19,375 |
8 | AED 3,875 | AED 15,500 |
9 | AED 3,875 | AED 11,625 |
10 | AED 3,875 | AED 7,750 |
11 | AED 3,875 | AED 3,875 |
12 | AED 3,875 | AED 0 |
Monthly Payment Composition
Interest: 42
Principal: 3833
Soul 1.6L MPI A/T STD Car Loan Calculator FAQs in UAE
The car loan process typically involves selecting a lender, submitting your application along with necessary documents, getting approval, and then finalizing the loan agreement.
Yes, taking a car loan can impact your credit score, as it reflects your ability to manage debt. Timely payments can improve your score, while missed payments can lower it.
You should consider the interest rate, loan term, down payment, your monthly budget, and any additional fees associated with the loan.
Interest rates for car loans in the UAE generally range from 3% to 7%, depending on the lender and your credit profile.
The loan-to-value (LTV) ratio is the amount of the loan compared to the value of the car. A lower LTV can lead to better loan terms and lower interest rates.
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