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Swift 1.2L 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 60,000
Down PaymentAED 12,000
  • Monthly PaymentAED 4,044
  • Total CostAED 60,528
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 4,044AED 44,484
2AED 4,044AED 40,440
3AED 4,044AED 36,396
4AED 4,044AED 32,352
5AED 4,044AED 28,308
6AED 4,044AED 24,264
7AED 4,044AED 20,220
8AED 4,044AED 16,176
9AED 4,044AED 12,132
10AED 4,044AED 8,088
11AED 4,044AED 4,044
12AED 4,044AED 0

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Swift 1.2L GLX Car Loan Calculator FAQs in UAE

  • The car loan process typically involves choosing a lender, submitting your application with necessary documents, getting approved, and then finalizing the loan agreement.
  • Taking a loan can affect your credit score positively or negatively depending on your repayment behavior. Timely payments improve your score, while missed payments can harm it.
  • You typically need to provide identification, proof of income, bank statements, and details about the vehicle.
  • Interest rates can be influenced by factors such as your credit score, loan term, the lender's policies, and current market rates.
  • Yes, lenders may charge processing fees, documentation fees, or early repayment penalties, so it is important to review the loan agreement carefully.