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Sportage Smartstream 1.6T 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 6,740

Down Payment

AED 20,000

Total Cost

AED 100,880

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,740AED 74,140
2AED 6,740AED 67,400
3AED 6,740AED 60,660
4AED 6,740AED 53,920
5AED 6,740AED 47,180
6AED 6,740AED 40,440
7AED 6,740AED 33,700
8AED 6,740AED 26,960
9AED 6,740AED 20,220
10AED 6,740AED 13,480
11AED 6,740AED 6,740
12AED 6,740AED 0

Monthly Payment Composition

Interest: 74
Principal: 6666

Sportage Smartstream 1.6T Car Loan Calculator FAQs in UAE

To obtain a car loan for the Sportage Smartstream 1.6T in the UAE, you need to choose a bank, provide necessary documents (like ID, salary certificate, and vehicle details), fill out an application form, and wait for approval.

Yes, taking a car loan can impact your credit score. Timely repayments can improve it, while missed payments can lower it.

You should consider the interest rate, loan tenure, your monthly budget, any additional fees, and your ability to repay the loan.

Factors include your credit score, the loan amount, the loan tenure, the bank's policies, and current economic conditions.

Yes, you can negotiate terms such as the interest rate and repayment schedule with the bank, especially if you have a good credit history.