

Sportage 2.0L MPI EX (AWD) Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Calculation Of Loans
Total Car PriceAED 115,000
Down PaymentAED 23,000
- Monthly PaymentAED 7,750
- Total CostAED 116,000
- Loan Period12 Month
Car Loan Monthly Installments Schedule
Payment Schedule | Monthly Payment | Remaining Amount |
---|---|---|
1 | AED 7,750 | AED 85,250 |
2 | AED 7,750 | AED 77,500 |
3 | AED 7,750 | AED 69,750 |
4 | AED 7,750 | AED 62,000 |
5 | AED 7,750 | AED 54,250 |
6 | AED 7,750 | AED 46,500 |
7 | AED 7,750 | AED 38,750 |
8 | AED 7,750 | AED 31,000 |
9 | AED 7,750 | AED 23,250 |
10 | AED 7,750 | AED 15,500 |
11 | AED 7,750 | AED 7,750 |
12 | AED 7,750 | AED 0 |
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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.
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