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Sportage 2.0L MPI LX (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 6,605

Down Payment

AED 19,600

Total Cost

AED 98,860

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,605AED 72,655
2AED 6,605AED 66,050
3AED 6,605AED 59,445
4AED 6,605AED 52,840
5AED 6,605AED 46,235
6AED 6,605AED 39,630
7AED 6,605AED 33,025
8AED 6,605AED 26,420
9AED 6,605AED 19,815
10AED 6,605AED 13,210
11AED 6,605AED 6,605
12AED 6,605AED 0

Monthly Payment Composition

Interest: 72
Principal: 6533

Sportage 2.0L MPI LX (FWD) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options such as bank loans, dealer financing, and personal loans. It's essential to compare interest rates and terms before deciding.

To apply for a car loan, you usually need to provide documents like your ID, proof of income, and details about the vehicle. You can apply online or visit a bank branch.

Yes, applying for a loan can affect your credit score as lenders will perform a credit check. However, timely payments can help improve your score over time.

Consider factors like the interest rate, loan tenure, monthly payments, and any additional fees. Make sure the terms align with your financial situation.

Interest rates for car loans in UAE typically range from 3% to 6% depending on the lender and your credit profile. It's advisable to shop around for the best rates.