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Tucson 2.0L Smart (AWD) Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 7,205

Down Payment

AED 21,380

Total Cost

AED 107,840

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 7,205AED 79,255
2AED 7,205AED 72,050
3AED 7,205AED 64,845
4AED 7,205AED 57,640
5AED 7,205AED 50,435
6AED 7,205AED 43,230
7AED 7,205AED 36,025
8AED 7,205AED 28,820
9AED 7,205AED 21,615
10AED 7,205AED 14,410
11AED 7,205AED 7,205
12AED 7,205AED 0

Monthly Payment Composition

Interest: 79
Principal: 7126

Tucson 2.0L Smart (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.

Applying for a loan may cause a temporary decrease in your credit score due to the hard inquiry. However, timely payments can improve your credit score over time.

You typically need to provide a copy of your passport, residence visa, salary certificate, bank statements, and vehicle quotation.

Factors that affect your interest rate include your credit score, loan term, down payment amount, and the lender's policies.

Some lenders may charge a prepayment penalty, while others do not. Always check the loan agreement for details on this.