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Toyota Corolla 2018 1.6L Sport 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 70,900
Down PaymentAED 14,180
  • Monthly PaymentAED 4,779
  • Total CostAED 71,528
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining 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

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

  • In the UAE, you can choose from various loan options such as personal loans from banks, dealer financing, or leasing options. Each option has different interest rates and terms.
  • To apply for a car loan, you need to gather documents such as your Emirates ID, salary certificates, bank statements, and then approach a bank or a dealership to submit your application.
  • Yes, taking a car loan will affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.
  • You should be aware of the interest rates, loan tenure, additional fees, and ensure you understand the total cost of the loan over its duration.
  • Factors that can affect the interest rate include your credit history, the loan amount, the loan term, and the lender’s policies.

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