What are the loan options available for purchasing a Suzuki Ertiga 2020 1.5L GLX in the UAE?

In the UAE, you can explore various loan options such as conventional loans, Islamic financing, and personal loans specifically tailored for car purchases.

How does the loan process work for a Suzuki Ertiga 2020 1.5L GLX in the UAE?

To get a loan, you typically need to apply through a bank or financial institution, provide necessary documents, and undergo a credit assessment before approval.

Will taking a loan for the Suzuki Ertiga 2020 1.5L GLX affect my credit score?

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

What should I consider before applying for a car loan for the Suzuki Ertiga 2020 1.5L GLX?

You should consider your budget, the total cost of the loan, interest rates, repayment terms, and your financial stability.

What factors can affect the loan interest rates for a Suzuki Ertiga 2020 1.5L GLX purchase in the UAE?

Factors include your credit score, the loan amount, the loan term, the bank's policies, and overall economic conditions.

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Suzuki Ertiga 2020 1.5L GLX Car Loan Calculator in UAE

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

Monthly Payment

AED 3,565

Down Payment

AED 10,580

Total Cost

AED 53,360

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 3,565	AED 39,215
2	AED 3,565	AED 35,650
3	AED 3,565	AED 32,085
4	AED 3,565	AED 28,520
5	AED 3,565	AED 24,955
6	AED 3,565	AED 21,390
7	AED 3,565	AED 17,825
8	AED 3,565	AED 14,260
9	AED 3,565	AED 10,695
10	AED 3,565	AED 7,130
11	AED 3,565	AED 3,565
12	AED 3,565	AED 0

Monthly Payment Composition

Interest: 39

Principal: 3526

Suzuki Ertiga 2020 1.5L GLX Car Loan Calculator FAQs in UAE

In the UAE, you can explore various loan options such as conventional loans, Islamic financing, and personal loans specifically tailored for car purchases.
To get a loan, you typically need to apply through a bank or financial institution, provide necessary documents, and undergo a credit assessment before approval.
Yes, taking a loan can impact your credit score. Timely repayments can improve it, while missed payments can harm your score.
You should consider your budget, the total cost of the loan, interest rates, repayment terms, and your financial stability.
Factors include your credit score, the loan amount, the loan term, the bank's policies, and overall economic conditions.