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Toyota Corolla 2018 1.6L SE 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 4,779

Down Payment

AED 14,180

Total Cost

AED 71,528

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,779AED 52,569
2AED 4,779AED 47,790
3AED 4,779AED 43,011
4AED 4,779AED 38,232
5AED 4,779AED 33,453
6AED 4,779AED 28,674
7AED 4,779AED 23,895
8AED 4,779AED 19,116
9AED 4,779AED 14,337
10AED 4,779AED 9,558
11AED 4,779AED 4,779
12AED 4,779AED 0

Monthly Payment Composition

Interest: 53
Principal: 4726

Toyota Corolla 2018 1.6L SE Car Loan Calculator FAQs in UAE

In UAE, you can choose between bank loans, dealership financing, or personal loans to finance your Toyota Corolla 2018 1.6L SE.

You can apply for a car loan through a bank or a dealership by submitting required documents such as your ID, proof of income, and bank statements.

Yes, taking a car loan can affect your credit score, especially if you miss payments or default on the loan.

Consider your monthly budget, the interest rate, loan term, and any additional fees before proceeding with the car loan.

Factors affecting the interest rate include your credit score, the loan amount, loan duration, and the current market rates.