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SUNNY SV 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 4,482

Down Payment

AED 13,300

Total Cost

AED 67,084

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,482AED 49,302
2AED 4,482AED 44,820
3AED 4,482AED 40,338
4AED 4,482AED 35,856
5AED 4,482AED 31,374
6AED 4,482AED 26,892
7AED 4,482AED 22,410
8AED 4,482AED 17,928
9AED 4,482AED 13,446
10AED 4,482AED 8,964
11AED 4,482AED 4,482
12AED 4,482AED 0

Monthly Payment Composition

Interest: 49
Principal: 4433

SUNNY SV Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a bank or financial institution, submitting your application with required documents, and awaiting approval. Once approved, you'll sign the loan agreement and complete the purchase.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your credit score, but missing payments can lead to a decrease.

Consider your budget, the interest rate, loan term, and any additional fees. It's also important to check your credit score beforehand.

Factors include your credit score, the loan amount, the loan term, and the bank's current interest rate policies.

Many banks and dealerships offer special promotions or lower interest rates for specific car models. It's advisable to check with your bank or dealer for current offers.