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Starray GL 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 6,335

Down Payment

AED 18,800

Total Cost

AED 94,820

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,335AED 69,685
2AED 6,335AED 63,350
3AED 6,335AED 57,015
4AED 6,335AED 50,680
5AED 6,335AED 44,345
6AED 6,335AED 38,010
7AED 6,335AED 31,675
8AED 6,335AED 25,340
9AED 6,335AED 19,005
10AED 6,335AED 12,670
11AED 6,335AED 6,335
12AED 6,335AED 0

Monthly Payment Composition

Interest: 69
Principal: 6266

Starray GL 2.0TD Car Loan Calculator FAQs in UAE

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documents such as identification, proof of income, and details of the vehicle, and then waiting for approval before finalizing the purchase.

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

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

Factors include your credit history, the loan amount, the loan term, and the current market interest rates.

Yes, typically you need to provide identification, proof of income, bank statements, and details about the vehicle.