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Toyota Yaris Sedan 2020 1.5L 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 5,385

Down Payment

AED 15,980

Total Cost

AED 80,600

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,385AED 59,235
2AED 5,385AED 53,850
3AED 5,385AED 48,465
4AED 5,385AED 43,080
5AED 5,385AED 37,695
6AED 5,385AED 32,310
7AED 5,385AED 26,925
8AED 5,385AED 21,540
9AED 5,385AED 16,155
10AED 5,385AED 10,770
11AED 5,385AED 5,385
12AED 5,385AED 0

Monthly Payment Composition

Interest: 59
Principal: 5326

Toyota Yaris Sedan 2020 1.5L SE+ Car Loan Calculator FAQs in UAE

In the UAE, you can choose between various loan options such as traditional auto loans, Islamic financing, and personal loans specifically for vehicle purchase. Each option has different interest rates and terms.

You can apply for a car loan through your bank or financial institution by providing necessary documents such as your ID, proof of income, and details about the vehicle.

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

You should consider the interest rates, loan tenure, your monthly budget, and any additional fees or insurance required.

Factors that can affect the interest rate include your credit score, the loan amount, the term of the loan, and the overall economic conditions.