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Sportage 2.0L MPI EX (AWD) Car Loan Calculator in UAE

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

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car price (AED)*

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Monthly Payment

AED 7,750

Down Payment

AED 23,000

Total Cost

AED 116,000

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 7,750AED 85,250
2AED 7,750AED 77,500
3AED 7,750AED 69,750
4AED 7,750AED 62,000
5AED 7,750AED 54,250
6AED 7,750AED 46,500
7AED 7,750AED 38,750
8AED 7,750AED 31,000
9AED 7,750AED 23,250
10AED 7,750AED 15,500
11AED 7,750AED 7,750
12AED 7,750AED 0

Monthly Payment Composition

Interest: 84
Principal: 7666

Sportage 2.0L MPI EX (AWD) Car Loan Calculator FAQs in UAE

To purchase a Sportage 2.0L MPI EX (AWD) in the UAE, you need to apply for a car loan through a bank or financial institution. You will need to provide documents like your ID, salary certificate, and proof of residence. The bank will then assess your creditworthiness and approve the loan if you meet their criteria.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can help improve your score. However, missing payments can negatively impact it.

Key factors include the interest rate, loan tenure, monthly installments, and your credit history. It's also important to check if there are any hidden fees or charges.

If your income is in a different currency than the loan, fluctuations in the exchange rate can affect your repayment amount. It's important to consider this when taking an international loan.

Yes, eligibility criteria typically include being a UAE resident, having a stable income, and a good credit history. Some banks might also require a minimum age or a certain employment duration.