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SUNNY SL Plus 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 5,493

Down Payment

AED 16,300

Total Cost

AED 82,216

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,493AED 60,423
2AED 5,493AED 54,930
3AED 5,493AED 49,437
4AED 5,493AED 43,944
5AED 5,493AED 38,451
6AED 5,493AED 32,958
7AED 5,493AED 27,465
8AED 5,493AED 21,972
9AED 5,493AED 16,479
10AED 5,493AED 10,986
11AED 5,493AED 5,493
12AED 5,493AED 0

Monthly Payment Composition

Interest: 60
Principal: 5433

SUNNY SL Plus Car Loan Calculator FAQs in UAE

The requirements typically include proof of income, a valid UAE residency visa, a UAE driving license, and a good credit history.

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

Consider the interest rate, loan term, monthly repayments, and any additional fees or insurance requirements before applying.

Yes, refinancing is possible if you meet the lender's requirements and it can potentially lower your interest rate or monthly payments.

The average interest rate for car loans in the UAE typically ranges from 2.5% to 5%, depending on the bank and your credit profile.