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SUNNY SL Car Loan Calculator in UAE

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

Monthly Payment

AED 5,156

Down Payment

AED 15,300

Total Cost

AED 77,172

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 5,156	AED 56,716
2	AED 5,156	AED 51,560
3	AED 5,156	AED 46,404
4	AED 5,156	AED 41,248
5	AED 5,156	AED 36,092
6	AED 5,156	AED 30,936
7	AED 5,156	AED 25,780
8	AED 5,156	AED 20,624
9	AED 5,156	AED 15,468
10	AED 5,156	AED 10,312
11	AED 5,156	AED 5,156
12	AED 5,156	AED 0

Monthly Payment Composition

Interest: 56

Principal: 5100

SUNNY SL 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.