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Suzuki Baleno 2020 1.4L GLX 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 3,363

Down Payment

AED 9,980

Total Cost

AED 50,336

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 3,363AED 36,993
2AED 3,363AED 33,630
3AED 3,363AED 30,267
4AED 3,363AED 26,904
5AED 3,363AED 23,541
6AED 3,363AED 20,178
7AED 3,363AED 16,815
8AED 3,363AED 13,452
9AED 3,363AED 10,089
10AED 3,363AED 6,726
11AED 3,363AED 3,363
12AED 3,363AED 0

Monthly Payment Composition

Interest: 37
Principal: 3326

Suzuki Baleno 2020 1.4L GLX Car Loan Calculator FAQs in UAE

Typical interest rates for a car loan in the UAE can range from 3% to 5%, depending on your credit score and the bank's policies.

You can apply for a car loan through your preferred bank's website, or visit a branch and provide necessary documents such as your ID, salary certificate, and proof of residency.

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

You typically need your Emirates ID, salary certificate, bank statements, and proof of residency to secure a loan.

Factors include your credit history, income level, employment stability, and the bank’s lending policies.