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Starray GK 2.0TD 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 6,807

Down Payment

AED 20,200

Total Cost

AED 101,884

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,807AED 74,877
2AED 6,807AED 68,070
3AED 6,807AED 61,263
4AED 6,807AED 54,456
5AED 6,807AED 47,649
6AED 6,807AED 40,842
7AED 6,807AED 34,035
8AED 6,807AED 27,228
9AED 6,807AED 20,421
10AED 6,807AED 13,614
11AED 6,807AED 6,807
12AED 6,807AED 0

Monthly Payment Composition

Interest: 74
Principal: 6733

Starray GK 2.0TD Car Loan Calculator FAQs in UAE

The process typically involves selecting the vehicle, applying for the loan with required documents, and then getting approval from the bank before finalizing the purchase.

Taking a loan can affect your credit score positively if you make timely payments, but late payments can negatively impact it.

Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying.

Factors include your credit score, the loan amount, the loan term, and the lender's policies.

Some lenders may charge processing fees, insurance, or prepayment penalties, so it's important to read the loan agreement carefully.