Urvan 3-Seater Automatic (4-Door) Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 6,099
Down Payment
AED 18,100
Total Cost
AED 91,288
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 6,099 | AED 67,089 |
| 2 | AED 6,099 | AED 60,990 |
| 3 | AED 6,099 | AED 54,891 |
| 4 | AED 6,099 | AED 48,792 |
| 5 | AED 6,099 | AED 42,693 |
| 6 | AED 6,099 | AED 36,594 |
| 7 | AED 6,099 | AED 30,495 |
| 8 | AED 6,099 | AED 24,396 |
| 9 | AED 6,099 | AED 18,297 |
| 10 | AED 6,099 | AED 12,198 |
| 11 | AED 6,099 | AED 6,099 |
| 12 | AED 6,099 | AED 0 |
Monthly Payment Composition
Interest: 66
Principal: 6033
Urvan 3-Seater Automatic (4-Door) Car Loan Calculator FAQs in UAE
To be eligible for a car loan in the UAE, you typically need to be at least 21 years old, have a steady income, provide valid residency documents, and have a good credit score.
You can apply for a car loan through a bank or financial institution either online or by visiting their branch. You'll need to submit necessary documents such as ID, salary certificate, and bank statements.
Yes, taking out a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.
Factors that can affect the interest rate include your credit score, loan amount, loan term, and the bank's policies.
Before taking out a car loan, consider your budget, the total cost of the loan, monthly repayments, and the terms and conditions set by the lender.
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