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SUNNY S Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 4,145

Down Payment

AED 12,300

Total Cost

AED 62,040

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,145	AED 45,595
2	AED 4,145	AED 41,450
3	AED 4,145	AED 37,305
4	AED 4,145	AED 33,160
5	AED 4,145	AED 29,015
6	AED 4,145	AED 24,870
7	AED 4,145	AED 20,725
8	AED 4,145	AED 16,580
9	AED 4,145	AED 12,435
10	AED 4,145	AED 8,290
11	AED 4,145	AED 4,145
12	AED 4,145	AED 0

Monthly Payment Composition

Interest: 45

Principal: 4100

SUNNY S Car Loan Calculator FAQs in UAE

A car loan in the UAE is a financial product offered by banks and financial institutions to help individuals purchase a vehicle by borrowing money, which is paid back in installments over a specified period.

You can apply for a car loan in the UAE by visiting a bank or financial institution, filling out an application form, providing necessary documents such as your ID, salary certificate, and proof of residence.

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

You should be aware of the interest rates, loan tenure, any hidden fees, and the total cost of the loan including the insurance and registration fees.

Factors influencing car loan interest rates in the UAE include the borrower's credit score, the type of vehicle, the loan amount, and the duration of the loan.